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Wednesday, 30 July 2014

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The fast-food chain McDonald’s is worth £10.3 million a year to the Cumbrian economy

The fast-food chain McDonald’s is worth £10.3 million a year to the Cumbrian economy, an independent report says.

The American giant commissioned the research to mark its 40th anniversary in the UK.

The first Cumbrian outlet was in Kendal in 1986. It now has eight – two each in Carlisle and Barrow, plus Penrith, Workington, Whitehaven and the original restaurant in Kendal – employing more than 550 people.

The report, Serving the UK: McDonald’s at 40, calculates that the business and its supply chain is worth £2.5bn to the economy annually.

Chris Nicholls, of Moorhouse, near Carlisle, is franchisee for the eight in Cumbria outlets through his company HBN Restaurants.

A former senior manager with McDonald’s he left in 2001 to set up his own firm with wife Susan.

The report estimates that his restaurants contribute £9m to the local economy directly, with a further £1.3m coming indirectly through the supply chain. Suppliers include the Lakes Free Range Egg company, at Stainton, near Penrith.

Mr Nicholls said: “All of my management teams started on the bottom rung of the ladder and through hard work and dedication have progressed.”

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