UPDATE 1-London stocks start data-packed week higher; bookmakers fall For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 up 0.5%; FTSE 250 adds 0.3% Gambling firms slump on potential tax raid Ashmore up after Q1 results Updated at 1615 GMT By Pranav Kashyap and Shubham Batra Oct 14 (Reuters) - The UK's main stock indexes kicked off the week on a high note , powered by gains in utilities and pharma stocks, while gambling firms fell

BUZZ-UK water utilities gain on RBC's upbeat view ahead of regulator's final determination ** Analysts at RBC Capital Markets expects Britain's water regulator to announce final decision that is positive for the sector's total expenditure, performance benchmarks and returns ** Ofwat will announce final determination for new 5-year regulatory cycle

UPDATE 3-UK water firms must cut customer bills by $206 mln for environmental failings Companies unlikely to meet 2020-25 targets Thames Water to lose 57 mln pounds Ofwat CEO blames company culture Adds water industry body in paragraphs 11-12 By Sarah Young LONDON, Oct 8 (Reuters) - Britain's regulator ordered water companies to return a total of 157.6 million pounds ($206 million) to customers after missed environmental targets, the latest penalties slapped on an industry at the centre of a sca

BRIEF-Ofwat Says Poor Performance Costs Water Sector £157.6 Mln This Year Oct 8 (Reuters) - OFWAT: WATER SERVICES AUTH - WATER COMPANY PERFORMANCE REPORT - £157.6M PENALTY OFWAT: POOR PERFORMANCE COSTS WATER SECTOR £157.6M THIS YEAR OFWAT: CUSTOMERS' BILLS WILL BE REDUCED TO REFLECT THESE PERFORMANCE PENALTIES IN 2025-26 OFWAT: INCREASE IN POLLU

CORRECTED-UPDATE 2-UK water companies told to repay customers $206m due to environmental failings Corrects paragraph 8 to show that United Utilities and Severn Trent are not facing penalties Companies unlikely to meet 2020-25 targets Thames Water to lose 57 mln Ofwat CEO blames company culture By Sarah Young LONDON, Oct 8 (Reuters) - Britain's regulator ordered water companies to return a total of 157.6 million pounds ($206 million) to customers after missed environmental targets, the latest pen