Prince Harry, Meghan Markle to repay taxpayers money used on renovation of UK home

Buckingham Palace on Saturday issued a formal statement regarding Prince Harry and Meghan Markle's decision to step back from ir royal duties. statement said that Sussexes will repay UK taxpayers for £2.4 million that was used to refurbish ir home, Frogmore House. y will longer formally represent Queen or receive money from Sovereign Grant, annual funding given to Queen by government to cover costs of royal family's official expenses.

Statement

statement said, " Duke and Duchess of Sussex have shared ir wish to repay Sovereign Grant expenditure for refurbishment of Frogmore Cott, which will remain ir UK family home. Buckingham Palace does t comment on details of security arrangements. re are well established independent processes to determine need for publicly-funded security. This new model will take effect in Spring of 2020."

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Statement also included that Harry and Meghan will t be using ir HRH titles. It said, " Duke and Duchess of Sussex are grateful to Her Majesty and Royal Family for ir ongoing support as y embark on next chapter of ir lives. As agreed in this new arrangement, y understand that y are required to step back from Royal duties, including official military appointments. Sussexes will t use ir HRH titles as y are longer working members of Royal Family."

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"Work to become financially independent"

This statement comes after Duke and Duchess of Sussex earlier anunced ir decision to step back as 'Senior members' of Royal Family. Duke and Duchess will be dividing ir time between United Kingdom and rth America. couple took to ir official Instagram p and stated that y intend to "work to become financially independent." 

couple took to Instagram and issued a statement over ir decision to take a step back from royal duties, where y anunced that after becoming financially independent y wish to set up a charity of ir own as well. In ir post, y also stated that this move will allow ir family to take much-needed to grow into next chapter of ir lives.

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(im credits: AP)