Embarrassment for Kate Middleton – wife of the heir to the British throne William and Princess of Wales – due to the flaws that sprung up in the accounts of the family business owned by her parents: formally declared bankrupt – but rather on the sly – the month last year after the crisis suffered during the restrictions related to the Covid pandemic. The bankruptcy of the company that had made the Middletons millionaires, allowing them to climb the social ladder sealed by Kate’s royal wedding (but also by her sister Pippa’s rise in the jet set), has so far aroused modest interest in the Kingdom’s newspapers. In stark contrast to the media treatment reserved for example to the reprobate Harry, William’s rebellious younger brother and second son of King Charles III, and his wife Meghan. However, some problematic element for the family of the future queen consort (now respectfully referred to in all official communications of the palace with the name of Catherine, without diminutives), is starting to appear. ‘Fault’ of some analysts, experts in insolvency cases, who were able to examine the bankruptcy procedure of Party Pieces: the company for the production and sale of festive decorations created by mother and father Middleton, Carole and Michael, in 1987 Company which, after several years of good success – up to a peak value of 44 million in the most profitable phase of the business – now appears to have left behind debts of at least 2.6 million pounds (about 3 million euros) not refunded to creditors: including £600,000 of unpaid back taxes to Her Majesty’s Government Inland Revenue. It is not clear how much and if all this could jeopardize the future of the luxury family home bought by Carole and Michael in 2012 for £4.7 million not far from Windsor Castle. But certainly some image concerns appear inevitable.
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2023-06-08 15:24:35
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