The pair were seen looking super-stylish as they headed out in the capital to splash the cash.
Their outfits may have looked casual, but their comfy clothes came with a huge price tag.
Kate, 36, was seen toting an £800 Gucci handbag and Rio, 39, was wearing a £500 pair of Balenciaga trainers.
However, the former Towie star proved she's not gone totally WAG as she was in a pair of Nasty Gal sliders which are priced at just £22.
The couple looked like they were going out to spend some serious money as they were trailed by a pal wheeling a massive suitcase.
It certainly would be an easy way to cut out carrier bags if you have an assistant ready to pile your purchases into a wheeley case for you.
It comes after The Sun revealed Kate is preparing to step back into the spotlight six months after quitting Towie.
She has landed a new celebrity agent to relaunch her showbiz career and make a return to TV.
The blonde beauty has signed with Vicky Pattison’s agency Mokkingbird in the hope she can become a successful daytime TV star.
Kate shot to fame in the Essex-based ITVBe reality show in 2015, but left last summer to concentrate on her personal life.
Speaking last year Kate said: "I'm taking a step back from the public eye. My priority right now is Rio and the family."
They were recently rumoured to be planning to marry in secret, but an insider close to Kate and Rio slammed the claims.
The insider told The Sun Online: “The story is rubbish – they're not planning a secret wedding.”
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