Kate Middleton's Family Bails Out Brother James From Cake Business Debt

Duchess of Cambridge's sibling says he's not "concerned" because the business is still in "early stages of development"

By Alyssa Toomey Feb 27, 2013 1:10 AMTags
James MiddletonDanny Martindale/WireImage

Looks like James Middleton might want to rethink all those cakes.

Kate Middleton's brother has turned to his family for financial help following an approximate $25,775 debt he filed for his company, Nice Group London Ltd, which he set up in 2011 to sell his personalized Nice Cakes, per published reports

A member of James' family reportedly paid the bank overdraft, and the brother-in-law to Prince William has no immediate plans to shut down his business. 

"It is not uncommon for start-up companies to make a loss in the early stages of development and it is not something I am concerned about right now," he tells The Daily Telegraph. "On the contrary I am very excited as after running a pilot over 2012, Nice Cakes will be officially launching later this year with a brand new website and range of products which I am very excited about." 

James also runs another baking business, The Cake Kit Company, which he launched in 2007.

The 25-year-old isn't the only Middleton member with a penchant for planning parties. His parents, Carole and Michael Middleton, run the successful Party Pieces website, while his sister Pippa recently released a party-planning book