THE Queen’s grandson Peter Phillips has settled his divorce with estranged wife Autumn.
Peter and Autumn Phillips announced in February last year they were splitting after 12 years of marriage.
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The former couple were expected to hold a court showdown as they tried to reach a settlement.
But a spokesperson for Peter and Autumn today confirmed they have “resolved” their financial issues at the High Court.
A statement said: “Mr Peter Phillips and Mrs Autumn Phillips are pleased to be able to report that the financial aspects of their divorce have been resolved through agreement, the terms of which have been approved and ordered by the High Court today.
“Whilst this is a sad day for Peter and Autumn, they continue to put the wellbeing and upbringing of their wonderful daughters Savannah and Isla first and foremost.
“Both Peter and Autumn are pleased to have resolved matters amicably with the children firmly at the forefront of those thoughts and decisions.
“Peter & Autumn have requested privacy and consideration for their children as the family adapts to a new chapter in their lives.”
Peter – the son of Princess Anne – is the first of the Queen’s grandchildren to legally divorce.
The couple met at the 2003 Canadian Grand Prix, where Autumn was working for the Canadian Security Intelligence Service.
She later moved from Canada to the UK and the pair wed at St George’s Chapel in Windsor Castle in 2008.
They have two children together, Savannah, nine and Isla, seven.
Her Majesty was believed to be “upset” after Autumn, 41, told Peter, 42, she wants to end 12 years of marriage.
Royal insiders have previously said that Peter, whose sister is Zara Tindall, is the Queen’s “favourite” grandson.
While they are related to the British Royal Family, Peter and Zara have never carried out royal duties.
Peter walked between Prince Harry and Prince William at the funeral of Prince Philip in April.
In March last year, the royal was questioned by police after a complaint that he had driven to Scotland to see a married woman.
Cops then “issued advice” to Peter, who lives 460 miles away in Gloucestershire.
A statement issued on their behalf, at the time of the divorce announcement, read: “After informing HM The Queen and members of both families last year, Peter and Autumn jointly agreed to separate.
“They had reached the conclusion that this was the best course of action for their two children and ongoing friendship.
“The decision to divorce and share custody came about after many months of discussions and although sad, is an amicable one.
“The couple’s first priority will remain the continued well being and upbringing of their wonderful daughters Savannah (nine) and Isla (seven).
“Both families were naturally sad at the announcement, but fully supportive of Peter and Autumn in the joint decision to co-parent their children.”
“Both Peter and Autumn have remained in Gloucestershire to bring up their two children where they have been settled for a number of years.”