The sudden unusual turn on Princess Kate

[Whatt]

Today, I wanted to share something thought-provoking that has caught my attention recently - a noticeable change in the way the media portrays Kate Middleton.

Some publications that previously showed favor towards Kate (DM cough, cough) have started publishing stories that present her in a more critical light. It's an interesting shift.

Firstly, there's a story circulating about an encounter between Kate and a convicted murderer at a charity event. Additionally, there's talk of the taxpayer potentially providing support for her family's struggling business. This raises questions about the circumstances surrounding their business venture and the implications it may have for public funds.

What's intriguing is the parallel being drawn between Kate's current media treatment and the scrutiny faced by Meghan Markle in the past. It's worth discussing whether there's a connection or simply a coincidence.

Furthermore, there's some buzz on Twitter suggesting that Kate may have unintentionally upstaged the King during the Chelsea Flower Show. While it may seem like harmless gossip, it's interesting to consider the impact of such events on the monarchy's reputation. Some even speculate that Camilla might have been involved in the leak of these stories, adding an extra layer to the intrigue.

Taking a step back, it's worth pondering whether the monarchy should be concerned about being upstaged in this day and age. Are we witnessing a shift in priorities and expectations?

Yes, good point. I'm sure they would still be glad to receive something from her.

I don’t, personally, Roussette. But hadn’t he already paid for a private education for Meghan all the way through her schooling and then her university fees? That sounds like a bit more than some money to start a shop (and certainly more than a car). He probably should have thought a bit about not favouring one child so much over his other children. But I don’t think anyone’s ever held him out as an example of great parenting!

🤣 She was still in college! She was not a member of the RF

Favoritism never pays and it can create monsters!

Harry could use his own inherited funds to pay the Fairbridge victims. Or even the $ he’s made talking about his family. It’s a ridiculous idea, not no more ridiculous than expecting Kate to pay off company debts for Party Pieces.

The loan was to pay Meghan’s fees. He went bankrupt - still paying them off after 6 years apparently.

When was this?

He filed for bankruptcy a second time in 2016 over a debt of $30k - when Meghan was earning millions appearing in Suits.

I don't think Kate should, or needs, to pay off her parents debts. They have plenty of money.

Did Mr Markle get a loan from UK tax payers? Did his business benefit from his connection to the royal family? Has he appeared at numerous royal events? is he personally wealthy while others remain out of pocket? Quite a lot of differences between the two.

My parents went bankrupt in a business I knew nothing about. Should I have paid off every creditor??

I don't think many posters have said Kate should pay it. Again, she doesn't even need to.

Yep according to Mumsnet roolz

Did Mr Markle get a loan from UK tax payers? Did his business benefit from his connection to the royal family? Has he appeared at numerous royal events? is he personally wealthy while others remain out of pocket? Quite a lot of differences between the two.

So true, so many differences! Notable among them, the fact that Kate was never ashamed of her parents, even when some upper-class twits were openly mocking them. She put her family front and centre at her wedding, and even included her 'disgraced' uncle Gary. Now that's real class.

Very different indeed to poor Thomas Markle, who, despite being father of the bride and having made considerable personal sacrifices for his daughter, never even received a formal invitation to the royal wedding!

Perhaps the Middleton’s should do an interview on ITV and tell the world how hard their life is - that should win over the critics on here 😀

It’s not the case that they had an exemption. They were a partnership until 2019.

That's what I was getting at, obviously badly 😁

I do wonder what prompted the decision to change and thus limit their personal liability at that point though. Couldn't be they saw this coming even then, could it?

I think, like most business, they did well because of the mark up between wholesale and retail prices and lots of transactions.

And yet according to this article they were processing a relatively small thousand or so orders a week at their peak. We've no idea of their value of course but with their highest priced item coming in at £50 and most of the business being party bag tut it's not unreasonable to question how it became an alleged multimillion business especially when a larger competitor was making a more realistic looking profit of some £130K:

Royal Wedding: Middletons' money - how was it made?

I do wonder what prompted the decision to change and thus limit their personal liability at that point though. Couldn't be they saw this coming even then, could it?

I think it far more likely that they decided to incorporate for the following two reasons.

Firstly, they were going to kick off an expansion. Expansions are expensive, and you will need to up your bank funding to give you the working capital to do this. If you are going to increase your debt significantly, incorporating is an entirely usual, and prudent, move.

Secondly, they were planning in advance for their retirement, and, since it must have been quite clear that none of their children would be taking over the business, they were planning on selling it. Far, far easier to sell a business structured as a limited liability company.

(And in case you wonder why you’d expand a business when you’re planning to sell it - it makes it a more attractive acquisition for a potential buyer!)

I used their stuff for a few parties when the kids were younger . When you add plates, bunting, cups, napkins, dishes, cake toppers etc it would add up to about a bill of 150/200 pounds

Good grief! My kids were deprived!

If you are going to increase your debt significantly, incorporating is an entirely usual, and prudent, move.

Makes sense although I still prefer my conspiracy theory

Good grief! My kids were deprived!

Mine too 😁

From the article I linked to above they seem to have been sourcing their stock from similar wholesalers to their competitors who were making around £130k so it remains a mystery.

Maybe they were growing magic money trees on their farm?!

There are lots of rumours that it was uncle Gary who paid private school fees, etc.

I do wonder what prompted the decision to change and thus limit their personal liability at that point though. Couldn't be they saw this coming even then, could it?

The most obvious reason, for this very ordinary and common business decision, is that they were preparing to sell as a going concern. Which makes considerable sense, given their ages and typical retirement age.

This was done before the pandemic started.

The most obvious reason, for this very ordinary and common business decision, is that they were preparing to sell as a going concern.

Not 'obvious' at all.

People buy and sell entire partnerships and/or shares in partnerships regularly.

I thought there was a family trust fund that paid school fees? But I don't think it matters one way or the other.