Prince William and Duchess of Cambridge created Prince and Princess of Wales

King Charles III has confirmed the Duke and Duchess of Cornwall and Cambridge are now the Prince and Princess of Wales.

In his first address to the nation, the King said of his son and heir, William: “Today I am proud to create him Prince of Wales, Tywysog Cymru. The country whose title I've been so greatly privileged to bear during so much of my life of duty. 

"With Catherine beside him our new Prince and Princess of Wales will, I know, continue to inspire and lead our national conversations, helping to bring the margin to the centre ground where vital help can be given."

A royal source has said the Duchess of Cornwall and Cambridge would aim to “create her own path” as she takes on the role of Princess of Wales – heavily associated with William’s mother, Diana.

The royal source continued: “The couple are focussed on deepening the trust and respect of the people of Wales over time.

“The Prince and Princess of Wales will approach their roles in the modest and humble way they’ve approached their work previously

“The new Princess of Wales appreciates the history associated with this role but will understandably want to look to the future as she creates her own path.”

People in Swansea react to the news of a new Prince and Princess of Wales

First Minister Mark Drakeford said he was looking forward to "deepening our relationship" with the new Prince and Princess of Wales.

Mr Drakeford said: "Mark Drakeford said: "King Charles III has enjoyed a long and enduring friendship with Wales.

"In his first public duty as Monarch, at this most demanding of times, he has bestowed the title of Prince of Wales to his eldest son William.

"We look forward to deepening our relationship with the new Prince and Princess of Wales as they take on their new duties."

King Charles III addressed the nation for the very first time in a prerecorded speech. Credit: PA

King Charles III addressed the nation for the first time at 6pm in a pre-recorded speech.

During the address, he he paid tribute to his mother Her Majesty The Queen, saying: "Throughout her life, Her Majesty The Queen – my beloved Mother – was an inspiration and example to me and to all my family, and we owe her the most heartfelt debt any family can owe to their mother."

The King pledged himself to the “constitutional principles” at the “heart of our nation” and to serve the UK and other countries where he is head of state with “loyalty, respect and love”.

He said: “As the Queen herself did with such unswerving devotion, I too now solemnly pledge myself, throughout the remaining time God grants me, to uphold the Constitutional principles at the heart of our nation.

“And wherever you may live in the United Kingdom, or in the Realms and territories across the world, and whatever may be your background or beliefs, I shall endeavour to serve you with loyalty, respect and love, as I have throughout my life.”

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