Published: 08:06, 12 June 2019
| Updated: 08:42, 12 June 2019
Sir Philip Green's Arcadia retail empire - which includes Topshop and Burton - could fall into administration today.
Creditors are due to vote on restructuring plans which would result in 23 stores closing and rents cut at another 194.
It was revealed last month this would include the Miss Selfridge shop in Bluewater.
But the rescue deal may be doomed after its second-biggest landlord indicated it would oppose the plans.
Intu Properties - which owns a number of UK shopping centres, including Lakeside - says it will not accept Arcadia's proposed rent cuts.
The group needs the support of 75% of creditors at a vote on its restructuring plan today to avoid going into administration.
If Arcadia was to fall into administration, 18,000 jobs would be under threat.
It also has concessions in Folkestone's Debenhams and House of Fraser in Bluewater.
The collapse would be another devastating blow to retail tycoon Sir Philip Green, who has battled to save his reputation after the collapse of BHS, which he sold for £1 a year earlier.
He later agreed to pump £363 million into the company's pension scheme.
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More by this authorChris Price