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Evening Standard
Evening Standard
Business
Holly Williams

ITV ramps up cost cutting as profits fall

Broadcaster ITV has stepped up cost cutting plans (Ian West/PA) - (PA Archive)

Broadcaster ITV has stepped up cost-cutting plans again as it revealed a slump in half-year profits.

The group behind hit TV shows including Britain’s Got Talent and Love Island said it was slashing costs by another £15 million, on top of £30 million previously announced, with spend on content being trimmed.

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