Prince Andrew agrees to never again repeat his denial that he raped Virginia Giuffre

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The Duke’s main concern during the settlement negotiations was to ensure that nothing overshadowed the Queen’s Platinum Jubilee, it is understood.

As a result, they are said to be bound only until the royal celebrations are over.

A friend of the Duke said: “If you’re going to go for legal resolution at those sorts of prices then you want silence – but what we’ve got is silence for the Platinum Jubilee.”

Ms Giuffre is expected to give a victim impact statement to a New York court in June, when Ghislaine Maxwell is eligible for sex trafficking. However, the deal struck with the Duke makes it unlikely she will be able to discuss the claims made against him.

No public statements or interviews

The Duke is not expected to give any public statements or interviews until at least the end of the year.

Beyond that, his team will make their decisions based on careful analysis of the public mood and how the family feels the House of York fits in with the wider plans of the monarchy.

The Duke has pledged, as part of the settlement, to support the “fight against the evils of sex trafficking” and to support its victims.

A statement released via the New York court that had overseen the case contained previous no reassertion of his denials.

It was welcomed by royal observers, legal experts and campaigners alike.

Gloria Allred, a US lawyer who represented several of Jeffrey Epstein’s victims, said the settlement meant the public “will just have to decide who they believe”.

She told Radio 4: “Lawsuits are war but a settlement means that both sides are seeking peace, and that’s what happened here.

“There will be peace now but this case will be remembered for many, many years to come.”

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