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Centrica (CNA) updated the market this morning with its half-year report…..and the proposed sale of its US unit, Direct Energy for $3.6 billion. With the sale process of Spirit Energy still to be restarted once commodity and financial markets have settled and the eventual divestment of its nuclear business still to come, Chris Bailey reckons it looks like this is a trip back to the future as the company returns to its mid-80s look as a regulated UK business. Here, here.