Bloomberg Business

BBC Cancels Football for Antique Show Rerun in Lineker Furor

British soccer fans tuning in on Saturday to watch Football Focus instead found a three-year-old episode of the antiques show Bargain Hunt, the unexpected result of an escalating furor involving the BBC, the UK government and the country’s best known sports presenter.

Pentagon Puts Priority on Replacing Munitions in 2024 Budget

The Pentagon’s $170 billion procurement request for the new fiscal year focuses on replacing munitions supplied to Ukraine as well as well as weapons like long-range missiles, which would be necessary in a conflict with China, according to an internal budget document.

Biden Officials Back Alaska Oil Project Scorned as Carbon Bomb

The Biden administration has decided to authorize a mammoth ConocoPhillips oil project in northwest Alaska, despite arguments by opponents that it will exacerbate climate change, according to people familiar with the matter.

UK Plans £11 Billion Full Expensing Business Tax Break in Budget

Chancellor of the Exchequer Jeremy Hunt will hand business a three-year tax break worth about £11 billion by replacing the UK’s most generous ever investment allowance with a temporary measure in next week’s budget, according a government official with knowledge of the matter.

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