PRESS DIGEST-Financial Times - August 17
Aug 17 (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 inflation slows to 6.8% in July as energy prices fall
UK to host AI safety summit at start of November
EY rejects TPG plan to break up Big Four firm
Health leaders welcome new UK cancer targets but warn more 'resources' needed
Northern Ireland police make arrest after data leak of officers' details
Overview
Lower gas and electricity costs drove a sharp drop in headline UK inflation in July but underlying price pressures failed to fall as expected, maintaining pressure on the Bank of England to keep interest rates high.
UK government will host a summit on the safety of artificial intelligence at the start of November. Leading academics and executives from AI companies, including Google's DeepMind, Microsoft, OpenAI and Anthropic, will be asked to attend the summit.
EY has rejected a proposal from US private equity group TPG to break up the Big Four firm and take a stake in its consulting business, according to a statement sent to partners on Wednesday.
Clinicians and health experts welcomed the UK government's plan to cut cancer waiting-time targets on Wednesday but warned that the pledge had to be matched with resources.
Police in Northern Ireland have arrested a man in the wake of the accidental data leak last week that identified the force's entire 10,000 officers and staff.
(Compiled by Bengaluru newsroom)