MCDONALD’S and its suppliers serve up £10million a year for Wearside, says the fast food giant.
The firm has commissioned an economic report to mark its 40th anniversary in the UK, which it says shows the business and its suppliers make a combined £10.2million annual contribution to the Sunderland economy.
Sunderland franchisee Jasper Maudsley has been with McDonald’s for more than 30 years and now runs seven restaurants across the city, employing almost 500 people and contributing £7million a year to the economy.
“As a local businessman it’s important for me to be able to invest in the area and provide a significant number of jobs to local people,” he said. “I am a firm believer that you need to be part of a community to be successful in that community, and I am passionate about giving young people the chance to get workplace experience.
“My ambition is to continue the great work that my teams are already doing in Sunderland from daily litter patrols to supporting larger scale community events like the recent clean-up the team carried out in four locations across Sunderland.”
The ‘Serving the UK: McDonald’s at 40 Report’ was researched by Development Economics to assess the overall contribution McDonald’s has made to the UK economy, local communities, its employees, customers and suppliers since it first started operating in the UK in November 1974.
The report found overall the business and its supply chain was worth an estimated £2.5billion a year to the UK economy.