Prince Charleswill be offering private financial support toPrince HarryandMeghan Marklefollowing their agreement with Queen Elizabeth, a royal source tells PEOPLE.
The couple made it clear that they no longer want to rely on public funds in theirbombshell Jan. 8 announcementtostep down as senior working members, revealing that they are working to become “financially independent.”
Harry and Meghan will not receive Sovereign Grant funding and have agreed to uphold the values of the Queen.
The couple — who will no longer beusing their royal titles— is free to seek employment, but have promised that everything they do will uphold the values of her majesty, the source shares. They have no commercial agreements signed or in the pipeline at the moment.
A statement from Buckingham Palace on Saturday also highlighted Harry and Meghan’s finances. “They will no longer receive public funds for Royal duties,” the statement said.
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Meghan Markle and Prince Harry.Samir Hussein/WireImage
In a statement on Saturday,Queen Elizabethannounced that she and her family had“found a constructive and supportive way forward”after Harry and Meghan’s choice to exit the royal 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,” the statement read. “It is my whole family’s hope that today’s agreement allows them to start building a happy and peaceful new life.”
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Trooping the Colour in 2014.Leon Neal/AFP via Getty
A separate statement from Buckingham Palace explained the details of Harry and Meghan’s next steps: “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.”
In addition, Harry and Meghan “willnot use their HRH titlesas they are no longer working members of the Royal Family.”
The statement also said, “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.”
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Saturday’s statement comes just days after a previous statement in which the Queen, 93,had not used Harry and Meghan’s HRH titles.
An insider previously told PEOPLE that Meghan and Harry’s decision left senior royals “hurt” and “deeply disappointed.”
source: people.com
