Adds new items and updates futures
Nov 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.03%.
* THAMES WATER: British utility Castle Water has returned with an improved bid for Thames Water, offering a cash injection of at least 1 billion pounds ($1.32 billion) above current proposals for the struggling firm, the Financial Times reported on Sunday.
* PRA: The Bank of England's Prudential Regulation Authority (PRA) said that Britain's life insurers withstood a severe market stress test, indicating the sector was "resilient".
* HICL INFRASTRUCTURE: HICL Infrastructure HICL.L and The Renewables Infrastructure Group Ltd TRIG.L have agreed to merge, forming a listed infrastructure investment company, with net assets exceeding 5.3 billion pounds ($6.97 billion), the companies said on Monday.
* HSBC: Former finance minister George Osborne is among a small number of candidates being considered by the HSBC Holdings HSBA.L board as a potential successor to Sir Mark Tucker, a Sky News reporter said via an X post on Saturday.
* HOUSE PRICES: Asking prices for British homes have fallen by more than usual for the time of year ahead of finance minister Rachel Reeves' budget next week, a survey published on Monday showed.
* SHELL: Venture Global VG.N said on Friday that following Shell's recent loss in arbitration over liquefied natural gas supply claims, an International Chamber of Commerce panel has issued an award ordering Shell SHEL.L to pay its legal fees.
* HOUSING: Britain's finance minister Rachel Reeves is set to introduce a new levy on high-value homes in her upcoming annual budget, The Telegraph reported.
* COMMODITIES: Oil prices fell, copper eased and gold prices inched higher on Monday.
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
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> Other business headlines PRESS/GB
(Compiled by Tuhina and Simone Lobo in Bengaluru)
((tuhina@thomsonreuters.com))