Queen releases statement on Meghan and Harry's future as royals

By Minyvonne Burke

Prince Harry and Meghan Markle will no longer use "royal highness" titles and won't receive public money for their public duties, Buckingham Palace said Saturday.

In addition, the couple will pay back money spent renovating Frogmore Cottage, which will remain their home in the U.K.

The announcement comes after the couple shared their plans to "step back" from their roles as senior members of the British royal family and live a more independent life.

More at NBCNews.com

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