Blow to Holly Willoughby as new TV show faces axe after just one series unless its huge budget is cut

CELEBRITY Bear Hunt faces the axe — unless its mega-budget is cut.

A second series of ’s reality is yet to be approved despite several meetings.

Holly Willoughby and Bear Grylls’ Celebrity Bear Hunt faces the axe – unless its mega budget is cut

Bosses want to bring it back but hosts , and , are likely to face pay cuts if they do.

A is also being sought, as well as plans for fewer expensive celebrities.

, , i and were among the 12 hunted down by Grylls in the jungle during the first series.

A source said: “It got excellent reviews and was a brilliant production.

“Bosses were happy with its performance.

“Yet if it is recommissioned, cuts will 100 per cent be made and this could — both Holly and Bear as well as the celebs.

“All measures are being explored.

“As to location, think Clacton or , not Costa Rica.”;

Holly could face having her salary cut if the show does return for a second series