Burger King have announced they are planning to open 30 new restaurants across the UK despite weak consumer sentiment and higher labour costs as a result of the Chancellor’s Budgets.
The fast food chain said they have had stronger revenues even though they have had a “challenging” economic backdrop.
Burger King will open around 30 new restaurants a year from next year, they currently have 574 restaurants in the UK.
The company has seen “further signs of improvement” across their restaurants as inflation is slowing down.
Alasdair Murdoch, chief executive of Burger King UK, said, “While inflation in food and utility costs has returned to more normal levels, the sector continues to face softer consumer sentiment and rising labour costs following significant increases in the national minimum wage and national living wage.”
Murdoch added: “I am pleased to report another year of solid performance and strategic progress for Burger King UK in 2024.
“Despite a challenging macroeconomic environment and ongoing sector cost pressures, we delivered revenue growth, positive like-for-like sales, and improved underlying EBITDA through disciplined cost management and operational focus.”
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