Meghan Markle and Prince Harry latest: Read full statement on Megxit deal here

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Queen Elizabeth II has confirmed Meghan Markle and Prince Harry will no longer be working royals and will lose their titles.

A Buckingham Palace statement confirmed Meghan and Harry will no longer use their royal titles and will no longer receive public funding as they continue with their lives apart from the royal family.

“Harry and Meghan will no longer receive public funds and they will repay money spent on the refurbishment of their cottage, the palace said.

ITV royal correspondent Chris Ship tweeted: BREAKING: “Deal is done Harry & Meghan to stop using HRH title but will retain them. They will REPAY £2.4m refurbishment of Frogmore Cottage and pay rent/running costs.

“They will spend MAJORITY of their time in North America NOT the UK. Queen thanks them for their dedicated work.”

Here is the full statement from Buckingham Palace:

“The Duke and Duchess of Sussex are grateful to Her Majesty and the Royal Family for their ongoing support as they embark on the next chapter of their lives.

“As agreed in this new arrangement, they understand that they are required to step back from royal duties, including official military appointments.

“They will no longer receive public funds for royal duties.

“With the Queen’s blessing, the Sussexes will continue to maintain their private patronages and associations.

“While they can no longer formally represent the Queen, the Sussexes have made clear that everything they do will continue to uphold the values of Her Majesty.

“The Sussexes will not use their HRH titles as they are no longer working members of the Royal Family.

“The Duke and Duchess of Sussex have shared their wish to repay Sovereign Grant expenditure for the refurbishment of Frogmore Cottage, which will remain their UK family home.

“Buckingham Palace does not comment on the details of security arrangements.

“There are well established independent processes to determine the need for publicly funded security.

“This new model will take effect in the Spring of 2020.”

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