Friday was meant to be the day that Britain officially left the European Union. It was instead the day lawmakers rejected Theresa May’s exit deal for a third time, plunging the country deeper into crisis, a Bloomberg View reported. It marked the ninth consecutive “no” vote this week, after MPs rejected eight ways forward on Wednesday. In the end, May summed it up best: “We are reaching the limits of this process in this House.” There are now only two ways Britain can leave the EU without crashing out amid chaos: by agreeing to a different plan, or electing a different parliament.

Perella Weinberg Partners LP is hiring Clinton Ray and Guy Morgan from Goldman Sachs Group Inc. to expand its European restructuring business, according to people familiar with the matter, Bloomberg News reported. The bankers will join the firm in London in June to advise new and existing clients on restructuring, debt advisory and liability management, said the people, who asked not to be identified because discussions are private. Representatives for Perella and Goldman declined to comment.

The collapse of the UK savings company London Capital & Finance, swallowing most of the £236m entrusted to it by 11,500 people, is one of the most troubling investment scandals of recent years. The failure requires not only an inquiry into how so much cash could vanish, but regulatory reform to prevent savers being so easily deceived by the aggressive marketing of risky financial products, the Financial Times reported in a commentary.

Debenhams has cleared a hurdle in its attempt to push through a crucial restructuring plan, dealing a blow to a potential bid for the struggling retailer by Sports Direct chief executive Mike Ashley, the Financial Times reported. The department store chain said it had secured the support of a majority of its bondholders for a series of technical changes that help clear the way for a £200m refinancing. The approval puts Debenhams in a position to confirm the new funding in the coming days and move to pursue restructuring options to secure the future of the business.

Mitie Group Plc is not on the verge of launching a takeover bid for the biggest division of rival Interserve, Chief Executive Officer Phil Bentley said on Thursday, while saying the company would be foolish to “not keep in touch,” Reuters reported. Sky News reported here earlier this month, giving no details of its sources, that Mitie was drawing up plans to offer Interserve's new owners about 100 million pounds ($131.14 million) for its support services unit.

Billionaire Mike Ashley, vying with creditors for control of Debenhams Plc, is considering an offer that would value the troubled U.K. department-store chain’s equity at 61.4 million pounds ($81 million), Bloomberg News reported. Ashley’s Sports Direct International Plc, which already owns about 30 percent of Debenhams, said it’s weighing a bid worth 5 pence a share in cash. Before going firm on his offer, Ashley is demanding that Debenhams name him chief executive officer and halt a loan process, due to finish Thursday, that would lead to greater control for the company’s lenders.

Debenhams Plc once again brushed off billionaire Mike Ashley, who holds almost a third of the ailing department-store operator, saying a proposal to buy the company wouldn’t solve its funding problems, Bloomberg News reported. Ashley’s Sports Direct International Plc said late Monday that it may make a cash offer to buy all the Debenhams shares it doesn’t currently own, as well as new stock.

British Prime Minister Theresa May would find it difficult to take Britain out of the European Union without a Brexit divorce deal after parliament expressed a clear view that it is opposed to this outcome, her spokesman said on Monday. Earlier May told parliament “Unless this House agrees to it, no deal will not happen”, prompting some lawmakers to say she had ruled out a ‘no deal’ exit, Reuters reported.

Struggling British department store group Debenhams said on Friday its shareholders could be wiped out as a result of some of the restructuring options it is considering and rebuffed a bid by Sports Direct to buy its Danish business, Reuters reported. Debenhams has issued a string of profit warnings and lost 90 percent of its market value in the past year. The company is trying to fend off an attempt by its largest shareholder, Mike Ashley’s Sports Direct, to take control of the business.

Theresa May will face up to her own desperately weak political position on Monday as the U.K.’s elected lawmakers move to take over Brexit policy and her own ministers plot to oust her, Bloomberg News reported. The prime minister is under pressure from colleagues inside her Cabinet to name a date when she will step down, with some arguing this would help her win support for her Brexit deal, people familiar with the matter said. May is hoping for one more chance to put the divorce agreement she’s negotiated with the European Union to a vote in the House of Commons this week.