Lorraine Kelly’s Fortune Takes a Hit — But the TV Queen Still Has Millions Sitting in the Bank

Lorraine Kelly may have faced cutbacks to her ITV show, but her finances are still in formidable shape after new figures revealed the Scots presenter’s business empire remains worth close to £4million.

Freshly published accounts for her company, Albatel, show the 66-year-old star earned more than £500,000 in profit over the last year alone. Despite that impressive figure, the overall net worth of the business dipped compared with the previous year.

The accounts, covering the period up to December 31, 2025, reveal total assets of £3,982,034. That includes £2.75million sitting in the bank, more than £1million owed by debtors, and an investment portfolio valued at £135,000.

After liabilities were settled, the company’s net worth stood at £3,771,911 — down by nearly £450,000 from the year before.

Lorraine’s company also paid more than £129,000 in corporation tax during the year, underlining just how lucrative her long-running television career continues to be.

The financial update comes years after Lorraine won a huge battle with HMRC over her employment status. In 2019, she successfully overturned a £1.2million tax demand after a tribunal ruled that she was self-employed while working for ITV.

HMRC had argued that Lorraine was effectively an employee of the broadcaster and should have been taxed under PAYE, despite being paid through Albatel. But the tribunal sided with the presenter, with Judge Jennifer Dean ruling that Lorraine had built her own distinct “persona” and “brand” during her freelance career, which dates back to 1992.

Lorraine told the court she was “baffled” by HMRC’s position, while also describing herself as a “theatrical artist” who “acted every day as a version of herself”.

The case also revealed ITV paid more than £3.1million to her company between 2012 and 2015.

Lorraine and her husband founded Albatel in 1992 shortly after getting married, and it has remained the core of her business success ever since.

The update on her finances arrives during a period of uncertainty for her ITV programme. Last year it was announced that Lorraine would be hit by major budget cuts, with the self-titled daytime show reduced from January this year to 30-minute episodes and airing for only 30 weeks annually.

Still, Lorraine has made clear she has no intention of slowing down.

Earlier this year, she insisted retirement is nowhere near her plans, saying: “I look at women like Janet Street Porter and Gloria Hunniford and they are just getting into their stride in their 70s and 80s.

“So I think I’m still going to be there if people want to watch. Why wouldn’t I? It’s an amazing job.”

Away from television, Lorraine has also made money through books on dieting and fitness as well as personal appearances. The Glasgow-born presenter, who began her TV career at TV-am in 1984, went on to become one of the best-known faces on British breakfast television before landing her own show.

She and her husband sold their home in Broughty Ferry, Dundee, in 2018 and moved to the south of England to be closer to work — a decision that now appears to have come during yet another successful chapter in her career.