Richard and Judy quit chatshow

Rex Features

Richard Madeley and Judy Finnigan have quit their UKTV chatshow, it has been announced.

One year after signing with Watch, the TV couple are to leave when the current series ends on July 3.

Earlier this year, reports suggested that the show was facing the axe after viewing figures fell to just 8,000.

The couple are quoted as saying: "Some you win, some you lose. It’s a shame we couldn’t get this one to fly because both we and our brilliant young production team were genuinely proud of the show and the guests it attracted.

"But it became obvious that it wasn’t the right fit with a brand new pay-for-view digital channel. TV is all about taking risks and that means sometimes you fail. It was a really worthwhile experiment and we don’t regret it at all."

Madeley also confirmed recent rumours that the pair are to go their separate ways, saying: "Now we’re both going on to other projects, together and separately."