Market: Peirs Morgan Leaves ITV

In a statement, ITV said: "Following discussions with ITV, Piers Morgan has decided now is the time to leave Good Morning Britain.

"ITV has accepted this decision and has nothing further to add."

The announcement comes after broadcasting regulator Ofcom launched an investigation after it received more than 41,000 complaints regarding comment made by the presenter following Harry and Meghan's interview with Oprah Winfrey.

After a clip aired of Meghan discussing her issues with mental health and suicidal thoughts and royal official’s knowledge of them, Morgan said during Monday’s programme: “I’m sorry, I don’t believe a word she says.

Piers Morgan storms off Good Morning Britain following heated discussion with co-presenter Alex Beresford

“I wouldn’t believe her if she read me a weather report.”