Royal Mail

The British liner S.S. ARCADIAN, torpedoed by a German submarine and sunk during World War I, taking 279 people with it, was discovered by researcher Kostas Thoctarides and his team southeast of Sifnos at a depth of 163 meters.

The owner of Britain's struggling Royal Mail said Wednesday it had accepted a takeover proposal from Czech billionaire Daniel Kretinsky worth 3.6 billion pounds ($4.6 billion).

It comes after Kretinsky's conglomerate EP Group formalized an improved offer for International Distribution Services (IDS).

In a major international police operation, law enforcement agencies have successfully dismantled the infamous LockBit cybercriminal group, hailed as one of the most dangerous hacking organizations worldwide.

Alamy Photo

Britain's Royal Mail has "systemically failed" to meet its mail delivery requirement, lawmakers have said, calling upon regulator Ofcom to probe the postal operator.

"We believe that Royal Mail has systemically failed to deliver against parts of its universal service obligation," read a report from the cross-party Business, Energy and Industrial Strategy Committee.

A strike over pay at Britain's largest container port threatens to spark fresh delays and rising costs for companies and consumers alike, but logistics experts say there should be no product shortages.

Workers at Felixstowe port in southeastern England on  Aug. 21 began an eight-day strike, the first in 30 years, as decades-high inflation intensifies a cost-of-living crisis.

Railway and postal staff, dockers too. Britain's workers are striking in vast numbers as decades-high inflation erodes the value of wages at a record pace.    

Britain's train network faces further heavy disruption today and on Aug. 20 in major walkouts that follow the sector's biggest strike action for 30 years already this summer.    

Representatives of a number of large European companies, included in the European Industrialists Round Table, warned British Prime Minister Theresa May that Brexit's insecurity may lead to a reduction in investment in the British economy. This was reported by The Guardian.

Stars of "Game of Thrones" will appear on a new collection of stamps to celebrate Britain's contribution to the fantasy series, Royal Mail announced.

Bulgaria ranked together with Portugal and Japan as one of the most preferred destinations for tourism by the British for 2017, showed a survey of Holiday Barometer carried out by Royal Mail every year.

The survey shows that, in 2017, Sunny Beach will be the second cheapest resort which can be visited by UK citizens.