McDonald’s posts biggest decline in global sales in four years

Amid sluggish spending in US, Europe and China, sales fell by 1.5% between July and September

McDonald's has posted another bigger than expected drop in sales as demand continues to slow, despite attempts to lure customers back with value meals.

Spending by consumers has been sluggish or falling across the US, Europe and China in recent months, with people weary from years of high food inflation looking for cheaper meal fixes or staying at home.