Pete Doherty Is Broke!

Pete Doherty is broke, according to a nosey tabloid.

The UKs most famous drug addict and wild child is, not very surprisingly, in a bit of a financial mess, a snooper for The Mirror has found, after digging around in Companies House.

Pete's two businesses, Babyshambles Touring and Babyshambles Ltd, made a combined loss of just under 20,000 in the past year, reports the paper. "His accounts don't make pretty reading," a source revealed. "To see someone with his talent unable to make any money is a waste.

What money he has had has been spent on drugs. He is absolutely hopeless with money and just does what he wants, regardless of whether it was a worthwhile project."

Dont start the whipround just yet though; Pete has apparently just signed a new record deal with Parlophone worth around 1million.

DL