The X Factor is due to return later this month and reports suggest that Simon Cowell is trying to land performances by Madonna and Shakira.

As BBC drastically cuts Strictly Come Dancing’s budget, Simon Cowell is pressing ITV for a budget hike and trying to land big names for the new big live venue.

A source told the Daily Star Sunday: “Simon is the most powerful man in TV these days and he’s in a position to call the shots.

“ITV are happy to back him – and he’s determined to repay their faith by getting the biggest names in the world, including Madonna.”

A second insider added: “Shakira’s a massive international star and Simon’s determined to get her on board.”