PRESS DIGEST — British Business — September 22

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - The Financial Conduct Authority has begun High Court proceedings against Osborne Baldwin, which trades as Hunter Jones, a property investment firm claiming to have raised more than £300 million ($401.13 million). - The Bank of England is to move into new offices in Leeds owned by a major donor to Reform UK, who is based in Monaco. The Guardian - Airlines have called for "action and accountability" over the UK's air traffic control services after a technical issue led to flights being disrupted for the second time in a fortnight. - Ireland's Data Protection Commission fined Alphabet's Google €403 million ($462.20 million) after an inquiry into its processing of location data, policies the search engine said have since been updated. The Telegraph - British Prime Minister Andy Burnham is facing backlash from the City over proposals to raise capital gains tax, with critics warning that higher CGT rates could hurt economic growth and prompt more wealthy entrepreneurs to leave Britain. - Prospect, which represents more.