PRESS DIGEST-Financial Times - Sept 29

Headlines - Deloitte warns on 'challenging' conditions despite £1mn partner pay - Northvolt to build battery gigafactory in Canada - Bank of England plans permanent lending facility for non-banks Overview - Deloitte's UK and Switzerland operations have warned of continuing "challenging" conditions in the UK this year, even though partners at the Big Four accountancy firm took home an average of more than 1 million pounds ($1.22 million) for a third successive year.

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Deloitte warns on 'challenging' conditions despite £1mn partner pay - Northvolt to build battery gigafactory in Canada - Bank of England plans permanent lending facility for non-banks

Overview - Deloitte's UK and Switzerland operations have warned of continuing "challenging" conditions in the UK this year, even though partners at the Big Four accountancy firm took home an average of more than 1 million pounds ($1.22 million) for a third successive year. - Swedish lithium-ion battery producer Northvolt is building a $5.2 billion gigafactory in Canada. - The Bank of England is set to create a permanent lending facility for non-bank financial institutions such as insurers and pension funds during times of stress.

($1 = 0.8194 pounds) (Compiled by Bengaluru newsroom)

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