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Meghan Markle and Prince Harry have repaid the public money used to renovate their U.K. home in the latest move to silence their critics.



Meghan Markle, Prince Harry wearing a hat: Prince Harry and Meghan Markle attend the Anzac Day service at Westminster Abbey on April 25, 2018 in London, England. They have now repaid $3.2 million of public money on their U.K. home, Frogmore Cottage.

© Samir Hussein/Getty
Prince Harry and Meghan Markle attend the Anzac Day service at Westminster Abbey on April 25, 2018 in London, England. They have now repaid $3.2 million of public money on their U.K. home, Frogmore Cottage.

The Duke and Duchess of Sussex have been under pressure since quitting royal duties to return $3.2 million used to turn Frogmore Cottage into a home fit for a young royal family.

An initial agreement saw the couple making monthly payments on the property to cover both rent and repayment.

However, after signing a Netflix mega-deal estimated at $50 million to $100 million they are now paying off the entire sum.

A spokesperson for the Duke and Duchess of Sussex told Newsweek: “A contribution has been made

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Prince Harry and Meghan Markle are no longer receiving money from Prince Charles as they look to their Netflix mega deal, Newsweek has confirmed.



a man and a woman looking at the camera: Prince Harry, Duke of Sussex and Meghan, Duchess of Sussex, during the Sentebale Polo 2018 held at the Royal County of Berkshire Polo Club on July 26, 2018 in Windsor, England.

© Samir Hussein/Getty
Prince Harry, Duke of Sussex and Meghan, Duchess of Sussex, during the Sentebale Polo 2018 held at the Royal County of Berkshire Polo Club on July 26, 2018 in Windsor, England.

The Duke and Duchess of Sussex announced they would quit royal duties in January, vowing to “work to become financially independent.”

Last week it was announced they had signed a major, multi-year Netflix deal estimated between $50 and $100 million, setting them up for the future.

Now the duke and duchess are no longer receiving money from Prince Charles’ Duchy of Cornwall estate.

The revelation first emerged in a correction to a story about the Netflix deal in the New York Times but has been confirmed to Newsweek.

When Meghan and

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Parts of the cyclical trade could be prime for a comeback, says Wilmington Trust’s Meghan Shue.

With stocks closing at all-time highs after a record-making week, the narrow leadership from growth stocks may be an indicator of what’s to come, the firm’s head of investment strategy told CNBC’s “Trading Nation” on Friday.

“A lot of commentators and strategists will point to this as a risk, and there are risks around that narrow leadership, but it also presents an opportunity,” the $114 billion money manager said.

With the economy slowly reopening and several possible coronavirus vaccines on the horizon, “we would expect to see some rotation into more cyclically oriented stocks,” Shue said.

But investors should be mindful of where they choose to put their money, she said.

“When it comes to growth versus value, … value has not really had the conditions in place to outperform,” the strategist said.

Industrial

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