Carole Middleton, the mother of Princess Kate Middleton, is currently undergoing cancer treatment while also dealing with serious financial problems with her business, The Party Pieces Company. The Middletons are reportedly unable to pay off the £260,000 insolvency costs for their company, which went into administration last June owing £2.6 million to creditors. Carole is determined to shield her daughter from worrying about their financial issues and is keeping her focus on her recovery and health during this stressful time. Despite their business troubles, Carole and her husband do not want their children, including Kate, to worry about their situation.
Interpath Advisory was appointed to manage the collapse of The Party Pieces Company, but the increasing costs have left the Middleton family unable to cover all fees, totaling over $329,000. The financial strain has been difficult for Carole, who has been left upset and deeply disappointed by the situation. Before her marriage to Prince William, Kate worked as a project manager for Party Pieces but left ahead of her wedding. The business faced financial losses due to the pandemic and entered administration, with debts exceeding £2.5 million. Carole had been working to find a buyer for the business and regrets trusting someone else to run the company that she had built over the years.
Despite the business troubles, Carole has been focusing on supporting Kate as she undergoes chemotherapy for cancer. Carole has been by her daughter’s side to help her recuperate and shield her from any stress related to the family’s financial situation. The family’s close bond has helped them navigate these challenging times, with Carole prioritizing her daughter’s well-being above all else. The news of Kate’s cancer diagnosis was confirmed by Kensington Palace in March, following a previous abdominal surgery where the cancer was discovered by doctors.
The Party Pieces Company had launched a retail partnership in the United States, but the future of the business became uncertain when financial backers stepped down as directors and consultancy Interpath was appointed to explore options such as a sale or finding new investors. Despite Carole’s efforts to find a buyer for the company to honor outstanding debts, the business ultimately fell into administration. Carole has accepted accountability for stepping back and trusting others to run the business, acknowledging that she had been naïve in her approach. Despite the challenges with the business, Carole remains focused on supporting her daughter through her cancer treatment and recovery.
Overall, Carole Middleton is facing a difficult time as she undergoes cancer treatment while managing the financial troubles of her business. She is determined to shield her daughter, Princess Kate Middleton, from the stress of their situation and is focusing on her daughter’s recovery and health. Despite the challenges with the business, Carole has accepted accountability for trusting others to run the company and is now working to support Kate through her cancer diagnosis and treatment. The Middleton family’s close bond and support for one another have been a source of strength during these challenging times, with Carole prioritizing her daughter’s well-being above all else.
