Katie Price ordered to cut 'extravagant' spending as she's set to lose half her monthly income

Entertainment

Katie Price is set to lose almost half of her monthly income from multiple companies to pay off creditors after a judge said she must reduce her "extravagant pattern of expenditure". The former glamour model was first declared bankrupt in 2019 and again last year. Both bankruptcies have since been discharged, but she remains the subject of a court order known as an income payments order (IPO) - meaning she must pay 40 per cent of her monthly income from several companies to the trustee of her