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Maplin Administration Is A “Sad Day” For Essex Says Alex Mayer MEP

Following the news that electronics store Maplin is going into administration, Essex MEP Alex Mayer said: “It's another dark day for the British high street. Sadly a success story born in Essex has been brought to its knees by Brexit and the fall in the value of the pound. My thoughts are with the 2,000 staff members and their families now facing an uncertain future.”

Maplin, started in Rayleigh with its first shop opening in Westcliff-on-Sea in 1976, released a statement blaming fall in the value of sterling post-Brexit, a weak consumer environment and the withdrawal of credit insurance for the decision enter into an administration process.

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