After Carole Middleton sold Party Pieces, new owner James Sinclair became responsible for its multi-million debt. But the Middletons still owe £260,000 (roughly $326,000) to Interpath Advisory, the insolvency firm they hired to oversee the company’s recovery, The Times reported in April 2024. The firm, which charged an hourly fee of £566 (about $710), had to put in more hours than initially expected, running a bill bigger than the company’s assets.
The Middletons’ financial woes come at a particularly trying time for their daughter. In March 2024, Kate announced she had cancer and was undergoing preventative chemotherapy to treat it. And her mother doesn’t want her own troubles to add to her daughter’s stress. “Carole is desperately trying to keep Catherine fully focused on her recovery,” a source told Us Weekly after The Telegraph’s report.
The insider also emphasized that Carole won’t turn to her family for help. “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,” the source added. She is also said to have forbidden Kate to ask her anything relating to the Party Pieces situation. “She will be pulling out all the stops to shield her daughter from this,” the insider added. Despite her struggles, Carole is doing what she can to help Kate and William, having cleared her schedule to be available to care for the children, the Daily Mail reported.
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