Buckingham Palace has released an official statement as regards the “stepping back” of the Duke and Duchess of Sussex, Prince Harry and Meghan Markle

Prince Harry and Meghan will no longer use their HRH titles and will not receive public funds for royal duties, Buckingham Palace has announced.

The couple will also no longer formally represent the Queen.

The Duke and Duchess of Sussex intend to repay £2.4m of taxpayer money for the refurbishment of Frogmore Cottage, which will remain their UK family home, the statement added.

The new arrangement comes into effect in spring this year, the palace said.

The statement comes after the Queen held talks with the couple on Monday about their future, following their announcement that they wanted to “step back” as senior royals and divide their time between the UK and Canada.

Here is the Queen’s statement in full:

“Following many months of conversations and more recent discussions, I am pleased that together we have found a constructive and supportive way forward for my grandson and his family.

“Harry, Meghan and Archie will always be much loved members of my family.

“I recognise the challenges they have experienced as a result of intense scrutiny over the last two years and support their wish for a more independent life.

“I want to thank them for all their dedicated work across this country, the Commonwealth and beyond, and am particularly proud of how Meghan has so quickly become one of the family.

Here is Buckingham Palace’s statement in full:

“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.”