McDonald’s is to permanently quit Russia over the Ukraine war, the company has revealed today.
Citing the ongoing ‘humanitarian crisis’ caused in the region by the conflict, McDonald’s has now said that it will be selling off all of its restaurants in the country and ‘de-Arching’ the new owners to remove all and any remaining brand ties.
Whilst many companies have announced temporary sanctions on Russia. this move by McDonald’s makes it one of just a handful of global brands to permanently pull out of the country in protest of the war.
When bosses initially shut down operations on 8 March following the initial invasion, the measures were only intended to be temporary.
Now, the company has said its position in Russia is ‘no longer tenable, nor is it consistent with McDonald’s values’.
In spite of this, it has emerged that McDonald’s still plans to look after its 62,000 Russian staff and has promised that they will continue to have jobs with the stores’ new owners as part of any future deal.
The company has also pledged to keep paying its Russian staff until new agreements are signed.
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CEO Chris Kempzcinski said that the Russian staff’s dedication and loyalty to McDonald’s ‘make today’s announcement extremely difficult’, adding that he was ‘exceptionally proud’ of them.
‘However, we have a commitment to our global community and must remain steadfast in our values.
‘And our commitment to our values means that we can no longer keep the Arches shining there.’
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By writing off all of its assets in Russia, the company will instantly lose £1.2 billion, it said in a statement, adding that it expects ‘significant losses’ as it also has to sell all of its assets in roubles.
In a private document obtained by The New York Times, Mr Kempzcinski admitted the move would have ‘profound consequences’ on employees, franchises and suppliers.
He said: “Some might argue that providing access to food and continuing to employ tens of thousands of ordinary citizens is surely the right thing to do.
“But it is impossible to ignore the humanitarian crisis caused by the war in Ukraine.
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“And it is impossible to imagine the Golden Arches representing the same hope and promise that led us to enter the Russian market 32 years ago.”
He reportedly added: “In the history of McDonald’s, it was one of our proudest and most exciting milestones.
“After nearly half a century of Cold War animosity, the image of the Golden Arches shining above Pushkin Square heralded for many, on both sides of the Iron Curtain, the beginning of a new era.”
Andy Burnham introduces new rules to tackle ‘rip-off’ parking charges
Daisy Jackson
City centre parking is at a premium, especially in a city like Manchester – but we’ve surely all made honest mistakes when paying and been slapped with eye-watering fines as a result.
Well now, Andy Burnham has announced a new Private Parking Code of Practice, which will clamp down on ‘rip-off’ private parking charges.
It will also make it easier for drivers to challenge unfair charges, capping charges for ‘smaller slip-ups’ at £20, and scrapping charges altogether on appeal for ‘honest mistakes’.
The new Code will get drivers a guaranteed five minutes to decide whether to park and 10 minutes to leave once their session ends.
Under the new Private Parking Code of Practice laid in Parliament today, you’ll be able to appeal to have all charges scrapped for honest mistakes like stopping briefly to check directions, and for situations like a medical emergency, breakdown or broken ticket machine.
Then charges will be capped at £20 for other mistakes such as forgetting a parking permit, entering the wrong vehicle’s registration or forgetting to confirm it in the machine when parking.
The Code also freezes the maximum parking charge at £100. Operators who don’t comply risk losing access to DVLA data, meaning that even if they issue a charge, it will be far more difficult to identify the registered owner to pursue payment.
Data shows just under 17 million private parking charges were issued in the UK last year alone.
Prime Minister Andy Burnham said: “Being a few minutes late back to your car or typing one digit of your numberplate wrong shouldn’t end with a hefty fine landing on your doormat.
“These charges leave people feeling ripped off and out of pocket, so I’m putting a stop to them.
Andy Burnham introduces new rules to tackle ‘rip-off’ parking charges. Credit: Unsplash, Samuel Isaacs
“We are introducing clearer rules, longer grace periods and lower charges for genuine mistakes, while going after the deliberate scams that rip drivers off.”
Secretary of State for Housing, Communities and Local Government Angela Rayner said: “Parking should be straightforward, not another everyday hassle. These changes mean drivers get a fairer deal, protected time to park and leave without fear of being unfairly charged, and confidence that private parking providers are held to a higher standard.
“It’s yet another step forward in this government’s plan to take the stress out of everyday life and ease the pressure on people’s pockets.”
Minister for Consumer Action, Kate Dearden, said: “Nobody works hard for their money just to be deceived by a dodgy trader, and this is exactly the kind of everyday rip-off this government is going after.
“By making it easier to take action against car clocking, we are protecting consumers’ hard-earned money and supporting businesses that play by the rules.”
A Greater Manchester neighbourhood has been named one of the ‘coolest’ in the UK
Clementine Hall
A neighbourhood in Great Manchester has been crowned one of the coolest in the country – and this time, it’s not Ancoats.
Every year, we wait with bated breath to see which UK neighbourhoods have made the cut in Time Out’s annual ranking of the coolest places in the world.
But, as it turns out, Britain is just so damn cool that we’ve earned a list of our own.
In its latest guide, ’11 Coolest Neighbourhoods in the UK’, Time Out has rounded up the places across the country that are really making a name for themselves.
Images: The Manc
And one neighbourhood here in Greater Manchester has made the cut, and although you’d immediately think of Ancoats that has made its way to similar lists before, this time there’s a newbie on the block.
Coming in at a very respectable fourth place, Stockport and the Underbanks received a glowing report in the coveted list.
Images: The Manc
Are we surprised? Not one bit.
We love Stockport for its flourishing food scene, cool community vibe and ever-growing roster of independent businesses – not to mention its brilliant mix of old-school charm and new-school cool.
It’s a place that feels like it’s constantly evolving, without losing the character that made people fall in love with it in the first place. And clearly, Time Out agrees.
Images: The Manc
Kyle MacNeill, contributing writer, said: “If you live anywhere near Manchester, you may have heard this one on the rumour mill: ‘Stockport is The New Berlin’. It’s a gag, alright: the humble market town hasn’t got a club, let alone the most hedonistic nightlife scene in the world. But it is true that SK is rapidly becoming the place-to-move-to for the Second City’s creatives, thanks to cheaper rent and some serious suburban tenacity.
“The Underbanks, a cobbled high street once home to hat-makers and hosiers, has been transformed into a bustling hub of forward-thinking vendors, while various local institutions have embraced Euro-style cafe culture, midcentury decor, sustainable fine-dining, small plates snacking and chic drinking dens. All of which, actually, come to think of it, is very Berlin… “
High praise indeed, you can read the full list of the UK’s coolest neighbourhoods here.