Princess Kate’s Mom Hiding Family’s Financial Collapse From Her
British royal family news reveals that the world is rallying around Kate Middleton as she undergoes preventative chemotherapy.
Kate, Princess of Wales announced her condition in a heart-rending video message last month. No doubt her family is front and center on the support lines, but there is allegedly a secret her parents Carole and Michael Middleton are keeping from her.
It has to do with their financial woes due to failing business projects. Read on to find out what this disturbing news is all about.
Royal Family News – Carole And Michael Middleton’s Financial Woes
According to InStyle via British newspaper The Times, the couple business ‘Party Pieces’ “is on the verge of collapse.
The City, the firm handling the company’s owed debts, is now unable to collect the total fees due for the project after incurring costs of more than £260,000 ($329,000).”
The Business “went into administration last year with Interpath Advisory after owing creditors £2.6 ($3.16) million, but … Party Pieces’s assets were not enough to cover the cost of advisors’ (from The City) time. Interpath, whose employees make a rate of £566 hourly ($717.3), found it will be unable to recoup any of the fees.”
Royal Family News – Kate Middleton’s Cancer Diagnosis
It’s understandable that Kate’s parents would want to keep Kate sheltered from their worries.