McDonald's will spend big on restaurant upgrades, training to drive growth

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McDonald's on Wednesday announced plans for its own media network, pricey restaurant upgrades and ways to win over GLP-1 users during an investor presentation at its Chicago headquarters. In June, the company unveiled its newest growth strategy , McDonald's > NEXT. The pillars of the plan include a new restaurant design, better-tasting food and drinks, consumer-led innovation, and improved hospitality from employees. But until Wednesday, executives had offered few details about how they would implement the plan and how it may affect its financial results over the coming years. The shifts come as McDonald's U.S. business tries to rebound from sluggish sales and as consumers hit by years of elevated inflation visit restaurants less often. The chain aims to win over more diners at a time the company expects inflation and flat traffic to restaurants overall will persist, CEO Chris Kempczinski told CNBC. The plan and Kempczinski's comments did not impress Wall Street, as...

'I don't have a buoyancy aid': Living without the Bank of Mum and Dad

By Colletta Smith , BBC Your Voice correspondent and Elaine Doran , Your Voice Producer Published 2 hours ago Buying a home or even moving into a rented property is an increasingly unrealistic dream for many young people. This summer, BBC Your Voice revealed more than 40% of 25-year-olds were now living with their parents. Dozens of young people told us they were having to rely on the so-called Bank of Mum and Dad to help cover rent, bills and other living costs. But what happens if you cannot rely on help from family? Citizens Advice says increasing numbers are struggling to afford everyday essentials like rent and food without support from their parents. Three women told us how they are navigating life without that safety net. 'I want to be independent... so when you get to this kind of thing it's like hitting a wall' Eleanor Bell, 23, from East Riding of Yorkshire, has a first-class degree but is struggling to find work Image source, Gemma Laister/BBC News Image caption, Eleanor says she has applied for more jobs than she can count Eleanor Bell is now 23, but was taken into care when she was 10. She grafted hard to do well at school and got a first-class degree from the University of Central Lancashire. After graduating two years ago, she thought the playing field would even out. It hasn't. Eleanor says she has applied for more jobs than she can count and had a handful of unsuccessful interviews. She's currently living in her boyfriend's home outside Penistone in South Yorkshire, which helps with living costs, but the rural location has made the job hunt harder for someone without a driving licence. "I know a lot of people who've got jobs because their mum or dad worked there before them." When she saw a BBC article about how many young people now live with their parents, she got in touch. "I guess it makes me a bit sad. I'd like to live with my parents... but it made me think about the people like me, the people that don't have that, what are they doing then? Where are they? Who do they have to fall back on? "It's like everyone in their 20s is having to tread water, but I haven't been given a buoyancy aid," Eleanor tells the BBC. Official figures show that 39% of care leavers aged 19 to 21 in England are not in education, employment or training, compared with around 13% of young people overall. "I want to be independent and so when you get to this kind of thing it's like hitting a wall." For Eleanor, it's not just financial support and the roof over her head that she's missing. "You don't have someone to hold you and go, 'Look I've done the same thing, but don't worry' that lack of preparation I think really does affect you," she explains. "I don't quite know what to do, that's how I feel, just a bit...

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