'Lambs to slaughter' Monty Don and wife 'lost everything' and were left almost bankrupt
express.co.ukGardeners’ World star Monty Don, 66, has opened up about nearly going bankrupt with his wife Sarah. In their book, the couple described how they almost “lost everything”.
Monty and Sarah ran an initially successful costume jewellery business.However, the stock market crash of 1987 left them almost bankrupt and without savings.The pair were left so distressed by the situation that they both became physically ill and they even ended up having to sell their home for a fraction of its original price.
Sarah explained in their book, The Jewel Garden: “A bad situation got worse every day."The banks wanted their money and started to bounce our cheques whilst simultaneously adding their charges - and interest on them - to the tally."Of course it could not go on.Something had to give.
As it turned out, that something proved to be our shop, our business, our savings, our furniture - and our home."Monty went on to reveal that the pair were forced to choose whether to declare bankruptcy or sell everything and pay back what they owed.
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