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WATCH: Newly engaged Prince Harry and Meghan Markle pose for pictures at Kensington Palace

The couple will tie the knot next year

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It’s the news that everyone is talking about this morning – Prince Harry and Meghan Markle are engaged.

This morning, Kensington Palace finally announced the engagement, just weeks after the Canadian actress announced her departure from hit legal drama Suits.

In an official statement, the Palace said the couple received the Queen’s blessing and confirmed the pair will live in Nottingham Cottage at Kensington Palace.

At around 2pm today, the newly engaged couple posed from photos at Kensington Palace, and Meghan showed off her stunning sparkler.

The pair were the picture of happiness, as they waved at photographers.

Meghan wore white for the occasion, in a gorgeous wrap trench coat.

We’re so excited for this Royal Wedding!