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.”
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.
Remarkable Lake District rescue of dog missing for THREE WEEKS
Daisy Jackson
A dog who was missing for almost three WEEEKS in the Lake District has, miraculously, been rescued.
Little Teddy went missing on 2 August, disappearing from his owner on Helvellyn.
Volunteers from Keswick Mountain Rescue Team spent the following weeks searching for the scrappy dog, with one eventually hearing him barking from Dry Gill.
The poor dog had got stuck in the gill in a dangerous location that required a full team of seven to bring him to safety.
Remarkably, Teddy appeared to be uninjured, though he had lost quite a bit of weight after three weeks living wild on the fell.
His rescuers gave him a small amount of food before securing him in a rucksack and carrying him back to Swirls car park.
The whole rescue took around three and a half hours, when Teddy was reunited with his very relieved owner and taken to the vets.
Teddy making his way down from HelvellynTeddy the dog was part of a rescue mission in the Lake DistrictTeddy was rescued after three weeks missingCredit: Keswick Mountain Rescue
Keswick Mountain Rescue said: “The team are absolutely delighted to share this update, as the news of this missing dog had deeply affected so many people across our local community.
“A remarkable outcome after nearly three weeks on Helvellyn, and a huge well done to everyone who kept searching and never gave up on Teddy.”
The mountain rescue team is funded entirely through donations – you can use ‘Buy me a coffee’ to make a small donation HERE, or donate the normal way HERE.
Georgina Pellant -
16th May 2022 
