The company owned by television presenter Kate Garraway has hit financial trouble, with debts amounting to £165k. The Good Morning Britain host has endured tough times, accumulating approximately £2 million in debts through ventures with her late husband Derek Draper.
She voiced her concern: "Derek's needs were clearly so great, yet he didn't warrant funded care - so you think, 'If he isn't getting it, then who is? '". She criticized the supposed safety net, stating: "It's supposed to be a system that's meant to catch you if you fall." The psychotherapy business Astra Aspera Ltd, co-owned by Kate and Derek, is also under financial pressure as it faces liquidation due to debts amounting to £913,370. The couple's monetary troubles are escalating, with claims from creditors reaching a total of £716,822 from HMRC and £196,548 from four other creditors, including a bank loan of £50,000.
Earlier this year, there were rumours that Kate might have to sell her home to pay off the debts. Kate has been candid about her financial struggles.