"It's very sad that they have decided to split. It's very amicable, but they have decided to go their separate ways," sources told US Weekly on Tuesday night.
The Telegraph also confirmed the news with sources suggesting it was Cressida's struggle with the spotlight that caused the break-up.
However, it's said they have split on good terms. One friend described the split as a "breather" and another confirmed the couple are still close.
"It's very sad that they have decided to split but this is a completely amicable separation and they are remaining the very best of friends," the source said.
"This gives Cressida the opportunity to focus on her career but they would like to have a few days to be left alone."
When asked if there was any hope they might get back together, the source said it's hard to tell.
"It's impossible to say because I don't think the two of them know either."
So - is this just a short-term separation? After all, the Duke and Duchess of Cambridge also split up for a couple of months while they were dating.
Or is it officially over for Harry and Cressida? One thing's for sure. Harry's back on the top of the eligible bachelor list...
STILL LOVE HARRY? This gallery is for you...
More:Have You Seen?
Suggested For You
SUBSCRIBE AND FOLLOW
Get top stories and blog posts emailed to me each day. Newsletters may offer personalized content or advertisements.Learn more