Prince Harry and Meghan Markle have honoured both the Queen and Princess Diana with their baby name choice

Prince Harry and Meghan Markle made headlines this weekend as they announced the news that they had welcomed their baby daughter.

‘It is with great joy that Prince Harry and Meghan, The Duke and Duchess of Sussex, welcome their daughter, Lilibet “Lili” Diana Mountbatten-Windsor, to the world,’ read a statement from the now family of four.

Yes, the royal baby is officially here and the Duke and Duchess of Sussex have honoured both the Queen and Princess Diana with their baby name choices.

‘Lilibet’ is famously the Queen’s nickname from her parents - a sweet nod to the monarch.

‘Lili was born on Friday June 4 at 11.40am in the trusted care of the doctors and staff at Santa Barbara Cottage Hospital in Santa Barbara, California,’ the statement from the Sussex family continued.

‘She weighed 7lbs 11oz (3.5kg). Both mother and child are healthy and well, and settling in at home. She is more than we could have ever imagined, and we remain grateful for the love and prayers we’ve felt from across the globe,’.

Meghan and Harry first announced that they were expecting a baby on Valentine’s Day, later telling Oprah during their tell-all interview that they were expecting a baby girl.

Prince Harry and Meghan Markle already share Archie, who turned two this year, and had previously said in an interview that they would like two children.

‘Having any child, any one or a two would have been amazing,’ Prince Harry explained in the interview with Oprah. ‘But to have a boy and then a girl… now we’ve got our family and we’ve got four of us.’

Well this is lovely.

The royal family has not yet commented but we expect an influx of congratulatory tributes in the coming days.

Huge congratulations to Meghan Markle and Prince Harry on their new arrival and Archie on his little sister!