Saks Fifth Avenue files for bankruptcy in 2026

The parent company of iconic New York department store Saks Fifth Avenue has filed for bankruptcy. We explore its failed 'And Just Like That' collaboration and shifting consumer trends. Read the full analysis.

Record UK offshore wind auction awards 8.4GW capacity

The UK's latest offshore wind auction, Europe's biggest ever, secured 8.4GW of clean energy capacity. While hailed as a step towards 2030 targets, it reveals tougher trade-offs ahead for energy bills and grid expansion. Read the full analysis.

Amazon closes first UK warehouse in Milton Keynes

Amazon is closing its pioneering Milton Keynes fulfilment centre, impacting 590 staff. Workers are being offered transfers to a new £500m Northampton site or other locations. Read the full story.

Abdul's Lebanese Restaurant Closes After 60 Years

Sydney institution Abdul's Lebanese restaurant has shut its doors after six decades. A family favourite for generations, its closure leaves a cultural and culinary void. Discover the legacy of its smooth hummus and unchanging charm.

Indian Railways drops bandhgala jacket from uniform

Indian Railways scraps the historic bandhgala jacket from staff uniforms, calling it a 'colonial mindset' symbol. Designers defend its Mughal and Rajput origins. Discover the garment's royal history and the political debate.

US Foreclosures Jump 14%, 2026 Could Be Worse

US foreclosure filings rose 14% in 2025, hitting 367,460 properties. Experts warn 2026 could see a significant acceleration if the job market weakens, reviving fears of a 2008-style downturn.

Tax Code Alert for Pensioners and Carers

HMRC urges state pension and Carer's Allowance claimants to check their tax codes are correct to avoid unexpected bills. Experts reveal who is most at risk and the simple steps to take.

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