By Sandra Rose  | 

Photo by Toby Melville - Pool/Getty Images

Prince Harry and Meghan Markle have quit the Royal family. After months of rumors and speculation, Harry has decided to give up his title as a "senior" member of the royal family. In an Instagram post the couple said they plan to "work to become financially independent, while continuing to fully support Her Majesty The Queen."

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The decision was made after "many months of reflection and internal discussions," the couple said on their Instagram page.

The Queen of England is reportedly furious, as she did not learn of their decision until she heard the news on television.

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Harry lashed out at the British news media last year for their harsh treatment of Meghan. She complained that British publications published false information in the "intrusive and unlawful publication of a private letter written by the Duchess of Sussex", to her estranged father Thomas Markle.

Photo by Alexi Lubomirski via Getty Images

Harry and Meghan will split their time between London, the U.S. and Canada. Harry will likely lose the $2.6 million a year he receives from the Royals. The couple will ask British taxpayers to pick up the $600,000 bill for their security.

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“After many months of reflection and internal discussions, we have chosen to make a transition this year in starting to carve out a progressive new role within this institution. We intend to step back as ‘senior’ members of the Royal Family and work to become financially independent, while continuing to fully support Her Majesty The Queen. It is with your encouragement, particularly over the last few years, that we feel prepared to make this adjustment. We now plan to balance our time between the United Kingdom and North America, continuing to honour our duty to The Queen, the Commonwealth, and our patronages. This geographic balance will enable us to raise our son with an appreciation for the royal tradition into which he was born, while also providing our family with the space to focus on the next chapter, including the launch of our new charitable entity. We look forward to sharing the full details of this exciting next step in due course, as we continue to collaborate with Her Majesty The Queen, The Prince of Wales, The Duke of Cambridge and all relevant parties. Until then, please accept our deepest thanks for your continued support.” - The Duke and Duchess of Sussex For more information, please visit (link in bio) Image © PA

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