PRESS DIGEST-Financial Times - March 4

March 4 (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

- Trump threatens to cut trade with 'terrible' Spain and calls Starmer 'no Churchill'

- UK to invoke 'emergency brake' to ban student visa applications from four countries

- UK lifts Russia-linked sanctions on British accountant

- Loveholidays poised to delay 1-billion-pound London IPO after Gulf travel chaos

Overview

- U.S. President Donald Trump said British Prime Minister Keir Starmer is "not Winston Churchill" as he reiterated that he is "not happy" with Britain over its initial decision not to allow U.S. forces to use British bases to strike Iran.

- The UK is to apply its first "emergency brake" on the issuing of student visas, banning applications from Afghanistan, Cameroon, Myanmar and Sudan because of the high proportion of people from these countries who apply for asylum once in Britain.

- The UK has revoked its sanctions against British accountant John Michael Ormerod, involved in buying ships that became part of Russia's so-called shadow fleet after he issued a public statement encouraging others to avoid any business dealings that may provide financial support to Moscow.

- Loveholidays, the online travel agent tipped to be the London Stock Exchange's first major listing of 2026, is preparing to delay its 1 billion-pound ($1.33 billion) flotation amid market turmoil and travel chaos caused by Iran's retaliation after U.S. and Israeli strikes.

($1 = 0.7499 pounds)