Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / KFC to create 9,000 jobs in UK
BackBack

KFC to create 9,000 jobs in UK

KFC to create 9,000 jobs in UK

Premium

London: Fast food chain KFC will be creating up to 9,000 jobs by opening more restaurants in the UK over the next three to five years, said a media report.

“Fast food chain KFC is to buck the trend of the credit crunch and create up to 9,000 new UK jobs through a 150 million pounds investment programme that will see it open as many as 300 new restaurants over the next three to five years," The Telegraph reported.

Attributing to KFC, the report noted the company is enjoying strong growth as Britons are drawn towards cheaper eat-out deals in the face of the recession.

“Last year, we opened 36 restaurants and in 2009 we will open 44 more. We are seeing really strong growth," Martin Shuker, chief executive of KFC in the UK and Ireland was quoted as saying.

The report said Shuker claims to be taking market share from fast food rivals such as McDonald’s but he also believes that the category is growing by attracting value shoppers who are trading down from more expensive food.

Further quoting Shuker, the daily said each of the new restaurants would employ between 25 and 40 people working in shifts.

It added KFC currently has 22,000 staff in the UK, with the lowest-band recruitment starting at minimum wage of £5.73 an hour for people over the age of 21.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 16 Feb 2009, 04:20 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie