Holly Willoughby is poised to sign a new contract with ITV.
Holly Willoughby is set to sign a new contract
The 42-year-old presenter is set to sign a lucrative new contract with the broadcaster, in a move that has been tipped to "save" 'This Morning' in the wake of Phillip Schofield's exit.
A source told the Mail on Sunday newspaper: "Holly is going back. People have been saying she won’t for some time now but she is.
"ITV want her back, and they are delighted she has agreed. It will be made official shortly but it will save 'This Morning', it will ease a huge crisis that they are in.
"It most probably would have been game over for them if Holly had left."
Holly is expected to return to 'This Morning' in September, after going on holiday earlier this month.
The show's future was thrown into doubt after Phillip announced his departure in May.
At the time, Phillip claimed that he wanted the programme to "move forward to a bright future".
The veteran presenter - who co-hosted the ITV show for more than 20 years - wrote on Instagram at the time: "Throughout my career in TV - including in the very difficult last few days - I have always done my best to be honourable and kind.
"I understand that ITV has decided the current situation can't go on, and I want to do what I can to protect the show that I love.
"So I have agreed to step down from This Morning with immediate effect, in the hope that the show can move forward to a bright future."
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