Kate Garraway dealt heartbreaking blow as Derek Draper’s company lands her £150,000 bill
Kate Garraway has another financial hurdle to face as she was recently handed a jaw-dropping £150,000 bill as liquidators close Derek Draper’s business.
The ITV presenter has been told to fork out a staggering flat fee of £32k plus 40% of assets recovered from psychotherapeutic company, Astra Aspera, founded by her late husband, who passed away after a long battle with Covid-19. She also faces an additional bill of £112,836 stemming from a director’s loan taken out by the former Labour Party advisor.
Derek’s company was closed by liquidators with a debt of £184,096.96, which left Kate with another £716k tax bill, according to The Sun. The Daily Mirror has since reached out to Kate’s representatives for comment.
“Ashamed” of her money issues, Kate was reported to have sought help earlier this month as she desperately tries to stay on top of her debt, which her ITV presenter salary fails to cover, as she revealed herself.
“It’s no secret that Kate has had a lot of financial burdens to deal with including Derek’s medical and care bills and the inevitable collapse of Derek’s company”, a source said, “Kate has wisely sought some help and is working with a team to help guide her through addressing all these debts as speedily as possible.”
Weeks ago, while hosting Good Morning Britain, the I’m A Celebrity star admitted she resorted to taking money out of her pension to cover her expenses as her guest, Lindy Kirk, spoke about her own health ordeal which left her with no other option but to pay thousands.
“I’m doing something similar myself. I’ve just had to withdraw a bit you can tax-free for my pension to pay for belated bills for my husband who passed away”, Kate explained, adding: “people are having to do the things – not that it was a huge pension in the first place – people are having to do things which aren’t what they saved for and some people don’t have any savings at all.”
Derek Draper drew his last breath in early January, 2024, from extreme complications from Covid, which he contracted in March, 2020. Kate announced his death herself in an emotional Instagram post and tributes flooded social media with former Prime Minister Tony Blair praising a “good colleague and great friend.”
The 56-year-old’s last year was documented in Kate Garraway: Derek’s Story, aired in March, 2024, following two previous award-winning films about the former political advisor, Finding Derek and Caring for Derek.
To make matters worse for Kate, who has been open about her devastating financial woes, this is on top of another whopping debt of £1.5million due to the cost of Derek’s care and money she owes to the taxman.
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