Kate Garraway is set to face another blow as the business she shares with her husband Derek Draper has reportedly gone bust.
The TV presenter recently opened up about her fears of 'money running out' in regards to treatment for her husband - who has severe long-term effects and health problems since he contracted Covid back in March 2020.
But now it appears that Kate and her family are facing yet another set back after Kate lost her battle to save Derek's psychotherapy company Astra Aspera Limited, according to The Mail on Sunday.
The publication reports that the 54-year-old Good Morning Britain presenter will announce in the coming days that the firm is to fold.
A friend close to the couple told the outlet: "Astra Aspera was primarily Derek's company, he was the director. Kate was made director last February so that she could attempt to keep it going.
"Kate has done her very best to do that while Derek has been incredibly ill. However, he has been unable to work, his revenue has stopped entirely and is unlikely to return in the near future.
"Kate has other jobs on GMB and Smooth Radio, but with her massively increased costs it wasn't possible to keep the company going, so has to be folded."
Other pals told the outlet the rising costs of health care for Derek left no other option and it has caused more agony for the family.
Kate has kept quiet about her financial worries as she has to fund round-the-clock care for her husband - who she married in 2005.
Speaking about the treatment required for Derek, Kate told This Morning's Holly and Phil during an appearance on the daytime show that the carers who have supported him and her family are "extraordinary".
Holly commented: "That's what what really struck me about it is the amount of care he needs. Like this is around the clock isn't it?"
"Yeah and because of his extreme health needs, he does have 24 hour care so somebody has to be awake at night and somebody has to be awake during the day and I can't be awake 24 hours so it's fantastic to have that," Kate replied.
Phillip then referred to Kate and Derek's trip to Mexico, where he underwent treatment from a specialist doctor.
"That came at a really low point when I thought, 'oh god, this is not sustainable'," Kate revealed.
"The system, I mean I don't believe we can have 24 hour care forever, you know there's a point where money runs out!
"It's a big moment, I was thinking, 'this isn't sustainable' and if there isn't the structure there to help long term, what are we actually going to do? Because we can't give up on him."
Get the latest celebrity gossip and telly news sent straight to your inbox. Sign up to our weekly Showbiz newsletter here .
