Prince Harry and Meghan Markle will leave the Royal Family’s inner-circle soon, following discussions with the Queen and other royals at an emergency Sandringham summit last week. The couple will cease to represent the Queen and will spend their future in North America, but they will leave without the same royal status.

Prince Harry and Meghan Markle’s departure from the Royal Family’s inner circle – dubbed Megxit by Palace insiders – comes at a hefty price for the couple.

As part of their agreement to step back, they will no longer use the His or Her Highness (HRH) title, and they will eschew royal funding.

Prince Harry, who made a career in the Armed Forces before he met Meghan Markle, will also lose some of his military titles.

Prince Harry enjoyed 10 years in the Army, leaving in 2015.

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During his 10 years in the Armed Forces, he progressed up the rankings and held the rank of captain due to his service.

However, he was also afforded a set of other titles as a member of the Royal Family.

He was the Captain-General of Royal Marines, Honorary Air Commandant Royal Air Force Honington, and Commodore-in-Chief of Small Ships and Diving.

As his grandmother is the head of the Armed forces in the UK, the Queen can strip Harry of his titles.

The titles class as military appointments and royal appointments are part official duties, which Harry will no longer perform.

As such, he will no longer hold his titles, as revealed by Buckingham Palace in a statement on Saturday.

Part of the agreement stipulates Prince Harry may no longer wear his uniform, as tradition bars military personnel from doing so, but he may wear his medals.

Sky News’ royal commentator Alastair Bruce said the Queen’s decision to strip the Duke and Duchess of their titles and associated benefits shows has brought down the “iron fist”.

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He told the publication: “This was turning into an enormous distraction and this is a seismic announcement from the Queen.

“It’s still very warm on the pastoral side of affection from a grandmother to her grandson and her great-grandson and granddaughter-in-law, but at the same time she has brought down the iron fist of monarchical leadership on a problem that needed to be solved.

“She has made it very clear that the royal status, the princely status, should be dissolved.

“We now know that it will be Harry and Meghan, the Duke and Duchess of Sussex.”

“There’ll be no more Royal Highness, no more representing the Queen or being part of the ceremonial part of the Royal Family; no more military involvement, no more public money.

“This is an abdication, in a sense, from the Royal Family.

“He and his wife are now free, to a certain extent, to go and follow the dreams that they have to pursue very good works.

“But no longer part of the royal business. This is an ex-prince who is laying down all those royal trappings and those for his wife and son.”

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