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Kerry Katona denies bankruptcy claims

Kerry Katona has denied claims that she is on the verge of bankruptcy due to her spending habits.
1 of 1 Kerry Katona - Has denied claims
Kerry Katona - Has denied claims

Earlier this week, The News Of The World reported that the former Atomic Kitten singer had spent £1.5m (€2.1m) in the last year alone and that she is unable to pay off a huge tax bill for £200,000 (€280,000) to the Inland Revenue.

The newspaper alleged that she had to get in insolvency experts as she was unable to deal with her debts.

However Katona has said: "It's rubbish. There are absolutely no financial problems. My accountant has been dealing with the Inland Revenue and it's all been sorted. The newspaper never checked before printing these ridiculous allegations."

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