McDonald's has raised the price of its cheeseburger in the UK for the first time in 14 years due to inflationary pressures.

The fast food chain has confirmed that the iconic burger was one of a number of foods that saw prices rise at the UK restaurant chain.

The cost of a cheeseburger rose 20% from 99p ($1.19) to £1.19.

The last time McDonald's raised the price of its cheeseburger in the UK was after the 2008 global financial crisis.

Other items on the McDonald's menu in the UK have risen in price by 10p to 20p, including McNugget, CNBC reports.

The rise comes as companies face higher prices for items such as fuel, wages and ingredients as inflation continues to rise. In the UK, inflation hit a new peak of 9.4% in June, the highest level in 40 years.