The fourth in line to the throne will spend the summer working alongside conservation groups in Africa, after which he will undertake voluntary work with injured servicemen while 'actively considering other longer term employment opportunities'.
In a statement Harry, 30, who has served in the military for ten years and seen two tours of duty in Afghanistan, admitted that it had been a 'tough decision' to leave the job he loved.
But sources close to the prince said he had reached a 'natural crossroads' in his career and, after much soul-searching, had decided he had no desire to 'progress through the ranks'.
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