DRAGONS' DEN: SARA DAVIES STEPS BACK FROM BBC SERIES

Dragons' Den star Sara Davies has revealed she will be stepping back from the BBC series after the current series.

Writing on Instagram, Davies shared: "As this last run of Dragons’ comes to an end I have to say I’ve loved every minute of this series so far and I’m so proud of the businesses I’ve invested in this year!

As a lot of you will know, I’ve taken up my position again as CEO of Crafter’s Companion and my business is my big priority this year. And when I commit to a business, I really commit, which is why I find Dragons’ Den such a rewarding role.

As well as filming an incredible show, being a Dragon requires so much dedication and time behind the scenes as you join the life of each business you invest in. It means seeing through your investment and committing to your part in that organisation. It’s so much more than a TV show. That’s why I’ve taken the decision to step away from the Den for now, to focus on my own business, which was my first baby! So I won’t be filming with the team this year for the next series.

Sending so much love to my fellow Dragons and the amazing team behind it all. In the meantime, you can still catch me in the second half of this series of Dragons’ Den later in the year – it will not disappoint!"

Meanwhile, Davies will host new ITV quiz Time Is Money, which tests knowledge and nerves of the confident and quick thinking contestants. If the strategic personalities can handle the pressure against the clock they could be in with a chance of taking home a huge cash prize.

In the show, which will air on ITV1 and ITVX, players are given their prize money before they've answered a single question... the only catch is, they will need to answer correctly and race against the clock to keep hold of it.

Sara said: "I’m absolutely delighted to be hosting Time Is Money. This show is unlike anything you have seen before – it’s full-on, it’s exhilarating and the pressure is real. It’s going to be a rollercoaster of excitement and tension, and I can’t wait to see who’ll keep their cool under pressure. Get ready for a make-or- break adventure, because time really is money."

Katie Rawcliffe, Head Of Entertainment at ITV, added: "It’s been fantastic to see our afternoon game shows continue to thrive this year with The Chase, Deal or No Deal, Lingo and Tipping Point all delivering strong ratings and growing audiences...

"These shows have become a staple for daytime TV and we’re thrilled to add Time Is Money to the mix. With its unique blend of fast-paced quiz action and high-stakes drama, Time Is Money will perfectly complement our existing lineup, as will Sara Davies as host."

For details on how to apply for Time Is Money, click here.