Wednesday, April 18, 2007

Annual income twenty pounds; annual expenditure sorting out your man twenty pounds ought and six; result, misery

Pete Doherty, it might surprise you to learn, isn't very good with money. He's good enough to have two separate business accounts, though: Babyshambles Touring lost £21,731; Babyshmables Limited showed a small profit of £1,910.

The Mirror claims that Doherty is thought to have "made millions" from The Libertines, which seems a little optimistic; the paper reckons that that money has been invested.

So, perhaps Pete's "loss" is for tax purposes (the Tory peerage won't be far away) and he's not so bad with money after all.

Or maybe he has just snorted the lot.

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