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American Backpackers Return to Europe: The London Rush

Travellers wheel suitcases along the seafront in Margate, UK.

Travellers wheel suitcases along the seafront in Margate, UK.

Photographer: Jason Alden/Bloomberg

Here’s the key business news from London-listed companies this morning.

United Utilities Group Plc: The utilities company has agreed to sell its renewable energy business for about £100 million enterprise value.