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| UPDATED: 16:18, Fri, Jan 15, 2021
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Harry and Meghan Markle decided to step back from working as senior royals a year ago, and negotiated their dramatic exit with Prince William, Prince Charles and the Queen. As a consequence of their departure, commonly known as Megxit, they gained complete financial independence. In return, they gave up using their HRH titles, chose to repay the taxpayer for their renovation costs of Frogmore Cottage and were obliged to spend the majority of their time in North America.