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Best UK mortgage deals of the week

As Bank of England holds interest rates, here's what high street banks are offering home buyers

BUZZ-UK water suppliers: Ofwat decision not as bad as feared

Reuters - UK Focus

** United Utilities (LSE: UU.L - news) & Severn Trent sharply higher even after decision by Britain's water regulator to cut return it will allow country's water suppliers to make over coming 5 yrs

** Gain 3 pct & 1.4 pct respectively, two of only four gainers on sharply lower FTSE 100, with duo also favoured for defensive attractions as disappointing China econ data & political concerns over Greece pressure equity mkts

** Traders cite relief that decision could have been worse, with some calling it a small positive for pair

** Cos had weakened in anticipation of decision; UU down some 5 pct from late Nov peak to Thurs close, with ST down about 8 pct over period vs nr 4 pct drop on FTSE 100 (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)