Missguided suppliers expected to be paid less than 2% of £30m owed

Administrator's report reveals how little may go to those left unpaid after collapse of online fashion firm

Suppliers to the online fashion retailer Missguided are expected to be paid less than 2% of the 30m owed to them by its main trading entity after the company collapsed in May.

The group will pay out less than 1.7p in the pound to factory owners supplying its main brand after it collapsed with long-term debts of more than 80m, up from 57m in 2021, an administrators' report sent to creditors this week reveals.