Collapsed UK cafe operator Patisserie Holdings sold its two main businesses for 13 million pounds ($16.7 million) on Thursday, administrators said, in a deal that rescues dozens of cafes and some 2,000 jobs, Reuters reported. Patisserie said in a statement it had sold bakery chain Patisserie Valerie to Irish private equity fund Causeway Capital and its Philpotts brand to food retailer A.F. Blakemore for 10 million pounds cash and a further 3 million in future payments. KPMG said 21 Philpotts stores had been sold.

Global banks moving operations from the U.K. to the European Union because of Brexit are poised to face fresh regulatory scrutiny on the value of their assets and capital as the bloc’s top watchdog seeks to curtail risks, Bloomberg News reported. The European Central Bank and national authorities will conduct an in-depth review of the largest firms’ balance sheets, including their most illiquid assets, Ed Sibley, a member of the ECB supervisory board, said in an interview.

UK shares lagged their euro-zone peers on Tuesday as growing risks of a disorderly Brexit rattled investors, while poor results from tour operator TUI and a profit warning from online trading platform Plus500 sapped appetite for stocks. The mood soured on the main indices in choppy afternoon trade as Prime Minister Theresa May urged lawmakers to back her Brexit deal and Bank of England Governor Mark Carney warned again of the economic damage if Britain leaves the EU without a deal, the International New York Times reported on a Reuters story.

Debenhams Plc secured a lifeline from some of its lenders, giving the troubled U.K. department-store chain 40 million pounds ($51 million) in liquidity as it attempts a broader refinancing, Bloomberg News reported. The company, which operates middle-market stores that anchor many of Britain’s malls, also struck an agreement with export and logistics company Li & Fung Ltd. on a sourcing partnership for Debenhams own-brand products. The deal will help the retailer anticipate trends more quickly and boost quality, Chief Executive Officer Sergio Bucher said in a statement Tuesday.

The Treasury has gone “Awol” in recent weeks, ignoring banks’ efforts to co-ordinate an emergency funding programme for small businesses in the event of a no-deal Brexit, according to senior industry figures. Three senior bankers said the Treasury had ignored requests from banks to provide support for small and medium-sized enterprises, despite fears that a disorderly exit would disrupt SMEs’ cash flow, triggering a sharp increase in loan defaults across the sector, the Financial Times reported.

British retail tycoon Mike Ashley’s Sports Direct has withdrawn its offer to buy scandal-hit British cafe chain owner Patisserie Holdings, a source told Reuters on Monday. Sports Direct on Friday offered to buy Patisserie out of administration to enlarge an empire stretching from department stores and sofa shops to lingerie, but wrote to Patisserie administrators KPMG saying it lacked the information required to continue bidding, British media reported on Sunday, Reuters reported. Patisserie Valerie was plunged into crisis in October after its owner uncovered accounting irregularities.

MPs have accused PwC of “milking the cash cow dry” after it was revealed it is charging £44.2m for one year’s work as special managers on the administration of Carillion. The construction company collapsed last year with £7bn in liabilities. Frank Field, chair of the Work and Pensions Select Committee, and Rachel Reeves, chair of the Business, Energy and Industrial Strategy Committee, shared letters they exchanged with the Insolvency Service that revealed the fee total.

Britain’s Sports Direct Plc has pulled its offer to buy Patisserie Holdings Plc after just two days, the Financial Times reported. In a letter on Sunday, Sports Direct wrote to cafe chain Patisserie Valerie’s administrators, KPMG, complaining it lacked the information required to continue bidding for the group, the FT said.

Interserve has struck a rescue deal that will see lenders take control of the company by swapping millions of pounds worth of debt for new shares, giving the troubled outsourcing group a chance of survival, Reuters reported. Racing to avert a collapse like that of peer Carillion, Interserve said on Wednesday it would cut debt by more than half to about 275 million pounds after creditors wrote off loans in return for new equity worth 97.5 percent of the share capital. Existing shareholders, who saw the company lose 90 percent of its value in 2018, will largely be wiped out.

A Scottish shopping centre sold at auction for £310,000 on Tuesday after being placed on sale with a reserve price of £1, as a tough retail climate cuts into property values, the Financial Times reported. The Postings shopping centre in Kirkcaldy was sold by the asset manager Columbia Threadneedle, which set the low reserve price because the centre — which has several vacant units — currently costs more to run than it earns in rent. The centre, built in the 1980s, most recently changed hands for £10.3m in 2003, according to Estates Gazette.