Following rumours of Stacey Solomon reportedly leaving the Loose Women panel, ITV have confirmed that the "claims are not true."

According to Women's Own magazine, the 33-year-old had plans to step away to focus on other endeavours, such as her own TV programme Sort Your Life Out and spending more time with her family.

"She's outgrown the show. It's no longer right for Stacey," a source said. "Loose Women takes up a lot of her time. If she were to leave, it would free up her time a little, especially if she has to be away for longer periods of time with her own shows."

However, a spokesperson for Loose Women told OK!: "These claims are not true. We are looking forward to welcoming Stacey back onto the show soon."

A 'new chapter' does seem on the horizon for the mum-of-five as Stacey announced three weeks ago that she decided to invest in a small haircare business and become a part of the brand.

After she revealed the exciting news, she took to her Instagram stories where she opened up further on the heartwarming reason why she decided to invest in the haircare brand.

The Sort Your Life Out star started off and said: “I’m so proud of myself, proud of the girls at Rehab for opening themselves up and saying ‘yeah lets do it, lets try something really different’.

"I can’t even describe how amazing it feels to be able to have a platform and have such massive privilege to then be able to share that with other people and bring other people up with you. It’s just the most incredible feeling.”

Stacey's rumoured exit would have no doubt come as a huge blow to Loose Women as it would have meant losing another of their biggest stars.

It was only earlier this year that Carol McGiffin waved goodbye after being a part of the show since 2000. At the time, the 63 year old quit after a contract dispute that she said, "was totally unjust and unworkable."

The panel has recently seen a whole host of new faces appearing both as guests and presenters, including reality star Olivia Atwood has joined the show and actor Joanna Page.

Stars such as Paris Fury, Kelsey Parker and Kate Ferdinand have also made regular appearances on the show.

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