Kate Middleton News 2016: The Duchess Downsizing Because Of Royal Budget Cuts? [VIDEO]
It seems like Kate Middleton just can't catch a break these days, or at least when it comes to the tabloid media. There's a new report that says the Duchess is being forced to "downsize" and fire five nannies to help reduce Queen Elizabeth's massive royal debt.
According to Celebrity Dirty Laundry on Friday, Kate is none too pleased over the fact that she'll be getting less help this year to raise her two children, 2-year-old Prince George, and Princess Charlotte, who will be turning a year old in May. The Duchess is going to have to make the painful decision of letting go of some of the people from her staff as the Queen has ordered everyone in the family to start saving their pounds.
Sources close to the royal family say that Queen Elizabeth is having quite the financial crisis, all because of her addiction to horse racing.
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The tipster said, "Creditors are allegedly running scared and calling in Queen Elizabeth's debts - and they want to be paid in cash immediately."
The insider added, "There may not be enough money in the Royal bank accounts to cover the salaries of the nearly 750 employees on the Royal Family's payroll."
If that weren't enough, a Royal finance expert claimed that the monarch has spent nearly $37 million on horses, which includes breeding, competitions and wagering on thoroughbred horse racing.
So far Buckingham Palace has not made any comments about the allegations. Keep up with Enstars for all the latest news on the entire British royal family right here.