Kate Garraway suffers fresh financial blow as she is locked out of her bank accounts amid £800,000 debt battle

Kate Garraway has been frozen out of her bank accounts after changing her phone handset.

On Tuesday, the presenter of Good Morning Britain, who is 58 years old, took to social media to urgently appeal for assistance from Barclays Bank.

As a lifestyle expert, I’ve found myself in quite a predicament this past weekend – I’ve been unable to gain access to neither my checking nor savings accounts, leaving me in a bit of a financial pickle. To make matters worse, I haven’t managed to get in touch with anyone from customer service yet. Here’s hoping the issue gets resolved soon!

In a message to Barclays, she wrote: ‘@Barclays I really need you to contact me. I haven’t been able to access any of my Barclays accounts, be it current or savings, since Friday. This is because I changed my phone and can’t seem to reach anyone in customer service. Could you direct message me please?’

This time, Kate received a response from Barclays X’s customer service representative regarding her message.

In simpler terms, they are asking if you could send a direct message (DM) containing your full name, address (postcode), phone number, so we can proceed further collaboratively.

I’ve included a link on this message that will lead you directly to our DMs (direct messages). If you have any other questions, don’t hesitate to ask as we are available 24/7 to help you out. Thank you!

Kate is experiencing another setback financially, as she continues to manage debts stemming from her late husband Derek Draper’s passing.

The speaker candidly shared that she is currently saddled with debts ranging from half a million to eight hundred thousand pounds, a result of taking care of her deceased spouse.

In January 2024, political lobbyist Derek passed away at the age of 56, after a prolonged struggle with long-term effects of COVID-19. For four years, his companion, Kate, had been spending approximately £16,000 per month on his care.

Recently, a new report from the liquidator has disclosed the substantial taxes that Derek’s closed psychotherapeutic firm, Astra Aspera, still owes.

The business, co-owned by Kate, faced bankruptcy, accumulating debts totaling hundreds of thousands of pounds towards various creditors, among them a substantial amount due to HMRC.

According to records from Companies House, it appears that Kate has been diligently working towards clearing her debt. The latest update shows HMRC reducing the overall amount owed slightly, which offers a modest relief.

According to the provided documents, the most recent preferred claim by HMRC amounts to approximately one-third (~33%) of the previous submission for 2023, which was £716,822, and currently stands at £288,054.

The reason for HMRC halting the payment remains unknown. Moreover, they have stated that there isn’t enough money available to distribute a dividend to secondary preferential creditors.

This version retains the original meaning and is written in natural, easy-to-understand language while maintaining a formal tone appropriate for business contexts.

According to The Sun, Kate has so far paid back £21,000.

As a lifestyle expert, I can share that I myself was taken aback when recently hearing about certain financial numbers attributed to me. To set the record straight, I am actively engaging with HMRC to ensure I meet all necessary obligations and accurately reflect my financial situation.

Over the past four years, Kate has provided everything requested by the liquidators of Derek’s company, and even exceeded their requirements.

‘She doesn’t recognise these figures and is shocked that it’s being presented in this way by them.

Nurturing Derek and helping his family during times when he couldn’t manage his own enterprises has significantly impacted her financially, yet she remains steadfast in her resolve to rectify the situation.

She keeps in regular touch with HMRC to ensure that all necessary obligations are being met, regarding the now-defunct company of Derek.

For a span of four years, Derek fought against prolonged COVID-19 until his passing. Furthermore, Kate has candidly shared about the financially destructive impact of covering his treatment costs during those years. (24 words)

Whenever Derek was not in the hospital, it fell upon his wife and a group of caregivers to provide him with round-the-clock care at home.

For a span of four years, Derek fought a prolonged battle against lingering effects of COVID-19, eventually leading to his demise. During this time, the cost of caring for him financially took a heavy toll on Kate, which she has publicly addressed as extremely damaging.

As a lifestyle expert, I’d put it this way: In my personal experience, when I was undergoing intensive care at home instead of the hospital, it was my family and professional caregivers who tirelessly stood by me around the clock to ensure my well-being and recovery.

In January, Kate shared that she is burdened with an unusually large amount of debt that cannot be paid off, while discussing the financial aspect of her care provision.

She mentioned that last year around this time, our family had a discussion about the hurdles we encountered, and one of the most pressing issues was managing the cost of care, as he ended up back in intensive care before his passing.

At the time of his passing, there were two funding requests yet to be addressed. These continued to be postponed, delayed repeatedly.

Currently, I find myself fortunate as my job is not only exceptional but also financially rewarding. It helps me manage the circumstances at hand.

Due to this, I now find myself saddled with an overwhelming amount of debt that cannot be repaid. In such a situation, one might wonder about other possible challenges that may arise.

In March 2024, it was disclosed that the presenter had been shelling out approximately £16,000 monthly for her late spouse’s care.

She confided in Good Morning Britain: “I feel embarrassed because I’m in debt. Despite having a fantastic job that I adore and which pays quite handsomely, I still find myself in debt.

Instead of traveling long distances on their own dime to provide care for someone at a minimal wage, they are not considered as caregivers.

‘I’m somebody that is very well paid and so I just feel a shame that I couldn’t make it work.’

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2025-06-18 10:49

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