Meghan Markle gave birth to her and Prince Harry’s first child at 5.26 am on Monday weighing 7lb and 3oz. Since news of the royal baby's arrival, royalist and commentators around the world have speculated on the name of the new royal. Sky News' Kay Burley revealed that she was confident that the royal baby would be called Alexander Phillip Charles. Related articles Meghan Markle REPLACED Kate Middleton as Prince Harry's closest friend Meghan Markle and Prince Harry to choose UNUSUAL name for baby She added that she and co-workers would be buying drinks if either of them were right on their predictions. Ms Burley said: “I am going to go with, what is my best guess? “I’m going to go with Alexander for obvious reasons. “Alexander Phillip Charles, what do you think? Sky News Kate Burley confidently revealed what she believed the new royal baby will be called (Image: Getty/Sky News) “Our political editor Beth Rigby is going for Arthur because that is her little boy's name. “If the royal baby boy is called Alexander Arthur we will both be buying the drinks.” Bookmakers continue to take wagers on what the royal baby's name could be including Sky Bet. James and Arthur both stand at 7/1 odds while Spencer currently stands at 8/1. The less popular bets include the names Keith at 500/1, Boris at 200/1 and Donald at 250/1. Amy Jones, from bookmakers Paddy Power, told Sky News their most popular bet was actually “Alexander”. Ms Jones said: “What we’re seeing the most bets on is Alexander. “So since the news broke that the baby was a boy, Alexander’s been the most popular. “And I personally think that’s probably because there’s a US link there with Alexander Hamilton. “And, of course, the Queen’s middle name is Alexandra.”All rights reserved for this news site express.co.uk and under his responsibility