PwC has confirmed that there have been no proceedable offers for any part of the Maplin business which it has been trading since the end of February when the retailer entered administration. As a result, stores are now likely to be closed. It transpires that suppliers to the retailer along with its employees and other unsecured creditors including HMRC, are owed close on £217m and are unlikely to achieve any more than one per cent of their claims.
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