Why the bankruptcy of Kate Middleton's parents' company does not embarrass the royal family

In the United Kingdom, the bankruptcy of 's parents' company is making headlines Kate Middleton, that despite the sale of their Party Pieces, specialized in party items, they would have debts of over two million pounds, but the situation would not have had any repercussions in their relations with the royal family. Journalist and royal expert Christopher Andersen, author of bestsellers such as Brothers and Wives: Inside the Private Lives of William, Kate, Harry and Megan.

«No one within the royal family is embarrassed by the failure of Party Pieces»he told the magazine exclusively Us Weekly, underlining how the company's financial crisis has nothing to do with the assets of Carole and Michael Middleton: “People shouldn't make the mistake of thinking the Middletons are broke, because they definitely aren't. Their businesses failed due to things completely out of their control, but that doesn't mean they don't have substantial personal wealth.” The main cause, as for many other entrepreneurs in the entertainment sector, was the pandemic. “In Carole's case, the party supplies business she founded flourished for years until it was destroyed by Covid. For almost two years, no one hosted children's parties, and the lingering effects were devastating. The whole market for what Party Pieces was selling and crashed.” In short, for Andersen, there was no mismanagement, nor direct responsibility on the part of the Middletons, who however they continue to lead a comfortable life while former employees complain about back wages.

The royal family's disinterest in the Middletons' problems, however, does not only concern the integrity of their personal assets. It is the health problems of the King and those of the Princess of Wales that catalyze all the attention and energy. Carole Middleton herself has much else to think about at the moment: the health of her daughter and the well-being of her three grandchildren, George, Charlotte and Louis. “I think that the king in particular appreciates how important the role Carole Middleton plays in keeping his daughter's spirits high at this crucial moment,” Andersen continued.

A completely different mood, and it couldn't be otherwise, for the Middletons. The failure of Party Pieces was “devastating” for Carole and Michael, added the expert. It is difficult to imagine that he is against it because the company, which was sold to aa in 2023 James Sinclair, CEO of Partyman, she was part of the family herself and grew up with it, as Carole told only a year earlier. Created in 1985 in the home kitchen, at the time it filled an important gap, because there wasn't much choice for themed children's parties; hence the success, to which the Middleton children, Kate, Pippa and James, contributed since they were children, helping their parents in many ways. With the sale of Party Pieces an era is over, but business definitely comes second in the list of priorities.