PRESS DIGEST-Financial Times - Feb 5

PRESS DIGEST-Financial Times - Feb 5

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines

- Iran used Lloyds and Santander accounts to evade sanctions - Sunak visits Northern Ireland after Stormont restored

- Sunak to drop heat pump targets in fresh retreat from Net Zero - UK aircraft carrier withdrawn from Nato exercise after propeller issue

Overview - Iran used two of the UK's biggest banks Lloyds and Santander UK to covertly move money around the world as part of a vast sanctions-evasion scheme backed by Tehran's intelligence services.

- British Prime Minister Rishi Sunak arrived in Northern Ireland on Sunday evening to meet politicians and community groups after the historic restoration of the region's devolved government following two years of paralysis. - UK's Rishi Sunak is poised to drop plans to fine boiler makers who fail to meet strict production targets for heat pumps in the UK prime minister's latest retreat from measures to tackle climate change.

- UK's state-of-the-art aircraft carriers HMS Queen Elizabeth, will not take part in the largest NATO exercise in Europe since the cold war after last-minute checks identified a problem with its propeller. (Compiled by Bengaluru newsroom)

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