Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
World
Archie Bland

Thursday briefing: What the end of the McDonald’s 99p cheeseburger tells us about the economy

Cheeseburgers at McDonald’s have cost 99p since 2008.
Cheeseburgers at McDonald’s have cost 99p since 2008. Photograph: Maja Smiejkowska/Reuters

Good morning. It is the year 6000. Humanity has abandoned its bodily form and lives on a USB stick. Sentient bipedal rats roam the earth on hoverboards. Great lava pools have replaced the oceans, and nobody knows what a tree is. Somewhere in what remains of the UK, something looks at a menu, ponders for a moment, and orders a McDonald’s cheeseburger for 99p.

Or so you might have expected until yesterday, when the fast food giant announced a change to one of those prices that seemed written in stone: after 14 years, the era of the sub-£1 cheeseburger is over. The company said it had protected consumers from increased costs for as long as it could, and the price had to go up to £1.19. There will be increases to a range of other items like McFlurrys, fries, and large meals – but it’s the totemic burger that sticks in your head.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.