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Market value slumped 60% this year to £2.4bn as firms froze ad budgets during lockdown

ITV is poised to lose its place among the top 100 UK companies, with billions wiped off its market value after an unprecedented fall in advertising during the coronavirus pandemic.

The broadcaster is expected to be relegated from the FTSE 100 when the next quarterly shuffle is announced by the London Stock Exchange on Tuesday.

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Bobby Jain Credit Suisse: How Are Nintendo's Profits?

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