Lorraine Kelly’s staggering earnings have been revealed despite ITV being ravaged by budget cuts.
The presenter, 65, raked in a huge £13,000 a week last year, accounts for her company has shown.
Her show, which will soon be cut right down to half the amount of hours on air, is amongst those affected by the widespread cuts at ITV.
Lorraine appears to have had a significant financial boost, as her company, Albatel Ltd, is now valued at £4.2 million, showing an increase from the previous year’s £4 million, according to The Sun.
The publication states her company paid a Corporation Tax bill of £135,504 in 2024, which meant Lorraine earned £13,000 a week.
It was recently announced that her daytime TV program will air only for 30 weeks annually. In its absence, Good Morning Britain will extend its broadcast, airing from 6am to 10am.
Lorraine Kelly’s staggering earnings have been revealed despite ITV being ravaged by budget cuts
The presenter, 65, raked in a huge £13,000 a week last year, accounts for her company has shown
However, just as Lorraine’s beloved daytime show is about to be hit by savage cuts, her ratings have shot through the roof.
Currently, while Lorraine is on holiday, the ITV show is hosted by Christine Lampard, 46. The show, although soon to have reduced airtime, has surpassed This Morning in viewership.
Last week, Lorraine’s morning show reached a viewer peak of 700,000, whereas This Morning, hosted by Rochelle Humes and Dermot O’Leary, gathered 675,000 viewers.
A TV insider remarked, ‘One can only speculate on Lorraine’s reaction. While she’s on a break, Christine fills in and the show surpasses This Morning.’
These changes arrive as executives announced substantial adjustments to their scheduling, with GMB, Lorraine, and This Morning being moved from their current studios next year.
Lorraine and Loose Women face the brunt of the cuts, with GMB’s programme to be merged with ITN, who produce ITV News.
From January 2026, Good Morning Britain (GMB) will be extended by half an hour to fill the gap, running from 6am to 9:30am daily.
Lorraine, which currently runs for almost the entire year, will also only air for 30 weeks out of 52.
Other shows that have been affected by cuts at the broadcaster include Loose Women. The popular talk show will no longer be running for 52 weeks of the year
Other shows that have been affected by cuts at the broadcaster include Good Morning Britain
Loose Women will remain in its current slot – 12:30pm to 1:30pm daily – but again, will be cut to 30 weeks of the year.
This Morning, hosted by Cat Deeley and Ben Shephard, is to remain in its 10am to 12:30pm slot on weekdays across the year.
Susanna Reid, 54, who has hosted Good Morning Britain since its launch in 2014, will remain one of the show’s main presenters.
Sources say Richard Madeley, 69, and Ed Balls, 58, will stay hosting alongside Ms Reid, whilst Charlotte Hawkins, 50, will also stay along with Ranvir Singh, 47.
However, it’s understood there will be limited shows for Adil Ray, 51.
Reports suggest ITV’s daytime staff currently amount to about 450 employees in total, however up to 220 jobs are said to be at risk.
