The Wonderful team writes about Open Banking payments technology: from cost savings, security and settlement improvements, to third party integrations, fintech regulation and mobile apps.
Rising wages and costs are squeezing margins in the UK hospitality, leisure and retail sectors. The Autumn Budget 2025 offers limited relief, but higher pay and operating costs remain. Steps like menu optimisation, staffing and energy efficiency, alongside Open Banking adoption, can help cut costs.
UK restaurant failures are surging, with even award-winners like Eat the Bird and celebrity-backed Neat Burger closing. While many shut their doors, smart operators are turning challenges into advantages by embracing digital transformation and payment innovations.
This blog explores why traditional UK pubs are closing at an alarming rate. From rising energy bills and card fees to shrinking margins, we break down the hidden costs behind the crisis and highlight cost-saving solutions that payment providers can offer.
New consumer preferences and modern payment systems are reshaping the F&B industry. Let’s find out what’s cooking...
