PRESS DIGEST- Financial Times - February 27

Feb 27 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

- UK battery start-up backed by Britishvolt investors aims for 1 billion pound gigafactory

- UK seeks to ban companies named in Grenfell report from government contracts

- UK watchdog probes private asset managers over conflicts of interest

- Starmer to warn Trump that peace in Ukraine needs US military cover

- US lawmakers issue warning about China's planned new London embassy

Overview

- UK start-up Volklec plans to build a 1 billion pound ($1.27 billion) gigafactory with Chinese supplier Far East Battery, aiming to create over 1,000 jobs by 2030.

- The UK government plans to ban companies named in the Grenfell Tower fire inquiry from public contracts and implement all 58 of the inquiry's recommendations, including reforms to construction material testing and regulation.

- The UK Financial Conduct Authority plans to investigate potential conflicts of interest at private equity and private credit fund managers, focusing on how these firms manage and mitigate such conflicts.

- UK Prime Minister Keir Starmer will urge U.S. President Trump to provide US military support for a European stabilisation force in Ukraine, emphasizing that peace cannot be secured without it.

- U.S. lawmakers have expressed concerns about China's plan to build a massive embassy in London, citing security risks.

($1 = 0.7895 pounds)