Kate Garraway shares fresh relief amid £700k tax bill after husband Derek Draper's death

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Kate Garraway was all smiles and excitement in a recently shared Instagram video as she received a two-year contract extension with Smooth Radio.The 57-year-old Good Morning Britain presenter has now bagged a steady salary for the next couple of years, which comes as fantastic news in light of her hefty £700,000 tax bill.This financial pressure stemmed from shutting down the business run by her late husband Derek Draper.Tragically, former political lobbyist Derek passed away earlier this year after a long and difficult struggle with the lasting effects of a 2020 Covid infection.

According to reports, when Kate shut down his psychotherapy company, Astra Aspera Ltd, it was in £184,096.96 of debt, according to The Sun, and also left Kate with the large tax debt.

With this new deal, Kate is set to continue delighting listeners with her morning show well into 2026. In a heartwarming clip she shared on social media, Kate is presented with the contract by her agent, to which she joyously queries, "How long for? " Upon learning it’s for two years, she appears relieved and says jokingly, "You fools, you fools! " followed by, "That's really, really good, where do I sign?

Sign it quickly before they take it back. You're stuck with me now for another two years, thank you for listening." Despite her extensive experience on the small screen, it doesn't mean Kate's above a little scolding from the top brass.

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