The Royal Family are facing times of almost unprecedented crisis at the moment, what with the respective cancer battles being fought by King Charles and Kate Middleton.
The latter’s plight has been particularly well documented, with the speculation surrounding her mysterious absence from the spotlight following the abrupt abdominal procedure she underwent in January having hit fever pitch in recent weeks.
Sadly, there may now be more strife adversely affecting the Middleton clan, with US Weekly reporting that Kate’s mother, Carole Middleton, is “desperately” trying to shield her daughter from the devastating debt facing her family business.
A new report published in The Times newspaper details how Carole and Michael Middleton are facing tremendous debts that they are unable to pay off.
Their Party Pieces Company has accrued some “£260,000 (over $329,000) insolvency firm costs”, with the firm responsible for handling the insolvency said to have confirmed that the pair cannot pay off the total fees.
The Party Pieces Company was launched back in 1987, enjoying considerable success before ultimately going into administration last June. US Weekly report that the Middletons owe creditors a sum to the tune of £2.6 million.
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