Skyscanner has dirt cheap one-way flights on United to London. The tickets will be sold via a United codeshare airline partner.
Sample Newark to London $111 dates:
July 14, 15, 16, 17
September 23, 24, 25
November 6, 17
December 3, 10
January 19, 26
February 2, 9, 25
More dates are also available, just search via Skyscanner and then click through to an online travel agency.
If you get an error that a fare isn’t available, try clicking on another codeshare or another online travel agency option.
Note that changes/cancellations with these agencies come at a charge or may not be possible, even within 24 hours.
Cheap fares are also available from other cities, including Boston, Chicago, Washington DC, and more.
DD reader Leon notes that his tickets booked into Basic Economy/K class, but he was still able to select seats on United.com and it said that he would have a free checked bag even without using a United credit card. YMMV (Your mileage may vary) on that working for you, but post your experience in the comments!
This fare is not available from London back to the US, but Norwegian offers cheap one-way fares from London to the US. Alternatively you can use miles for a one-way ticket back home. Consider looking for a ticket home from any other city in Europe and using miles or a cheap ticket from London to another city in Europe.
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HT: Leon F.