Kate Middleton's Mom Trying to Shield Her from Business Debt
Carole Middleton's brand, Party Pieces, is in crippling debt, and the Middleton family matriarch is “desperately” trying to shield any financial woes from her daughter Kate Middleton.
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The Times published a report breaking down Party Pieces's insolvency, noting that “it fell into administration owing creditors £2.6 million.” The company's assets are also apparently “insufficient” to cover the time costs of the firm handling its case.
“Carole is desperately trying to keep Catherine fully focused on her recovery,” a source tells Us Weekly about the sitch. “It’s a very worrying time for the family but they are not looking for any assistance from their children and don’t want them to worry. Catherine and her parents are very close and they always check in with each other, but talk about the business is off limits as she needs to focus on her health.”
Meanwhile, royal expert Afua Hagan says, “Carole will be doing all she can right now to stop her daughter from stressing as she undergoes chemotherapy. It’s a stressful time at the moment and she will be pulling out all the stops to shield her daughter from this. Party Pieces has collapsed and it’s been devastating for the family, but Carole will be most concerned about Kate’s well-being right now.”
FYI, Carole actually stepped away from running Party Pieces in 2019, but according to The Times, she “returned to help to run the company as it sought a rescue deal in spring 2023.”
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