CASH-strapped ITV has cancelled the National Television Awards because it can’t afford to stage them.
The glitzy bash was due to take place in October at London’s Royal Albert Hall.
But an insider said: “ITV is having serious cash issues and the awards cost about £1million to put on.”
ITV has axed Heartbeat and The Royal and other shows are facing the boot.
Boss Michael Grade announced last month ITV had lost £2.7billion and had to sack 600 staff.
He also said the programme budget would be cut by £135million over three years.
Insiders said the awards could be resurrected next January if cash was available.
An ITV spokesperson said: “We never comment on scheduling matters.”