Katie Holmes spent £10m in six months

Hollywood actress Katie Holmes has spent £10million since moving to New York six months.

Katie Holmes has spent £10million in six months sources have told the New York Post. The Batman Begins star moved to the city in July after landing a starring role in the Broadway revival of Arthur Miller's All My Sons. "While ordinary city dwellers are cutting back, Mrs Cruise has been valiantly doing her bit to boost our economy," the paper claims. "We tally up a conservative estimate of her 24-week NYC spending spree, and crown her Manhattan's Most Valued Shopper." It goes on to claim that since her arrival she has bought three loft apartments along with spending £5,000 on dining, £11,700 on clothes, £4,800 installing gym equipment, £3,745 on cultural activities and £9,600 on additional childcare. What credit crunch?

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