Royal sisters Beatrice and Eugenie are reportedly contemplating a drastic break from tradition as they become increasingly embroiled in the fallout from their parents’ relationships with Jeffrey Epstein.

The princesses are said to be contemplating a tell-all interview, in the hope it will finally end the speculation surrounding their own involvements with the convicted paedophile.

“Bea and Eugenie have had some extraordinary offers to tell their story, from Oprah Winfrey to exclusive Netflix deals, and they know it’s something they will have to address at some point,” a source said.

“It’s increasingly important for them to clear their names, but they’re still not ready to badmouth their parents on TV, especially Beatrice. It’s just not in their nature.”

The move would be an extraordinary shift for the royal family, which famously adopts a “never complain, never explain” attitude.

“There is an inevitability about it, and both of them do want to tell their side, but it would have to be done in a trusted and controlled environment,” the source said.

Princess Beatrice, 37, and Princess Eugenie, 35, are reportedly increasingly disturbed as revelations keep coming about the long relationships their father, the former Prince Andrew, and mother, Sarah Ferguson, had with Epstein.

Princess Beatrice and on her wedding day, with husband Edoardo Mapelli Mozzi and Queen Elizabeth and Prince Philip.

The sisters, who are the King’s nieces, are parents to young children – Beatrice has five-year-old Sienna and one-year-old Athena, as well as stepson Wolfie, 8, with husband Edoardo Mapelli Mozzi; Eugenie and her husband Jack Brooksbank are parents to August, 5, and two-year-old Ernest.

The two women are also named hundreds of times in the most recent Epstein files. Among them is an email from Ferguson to Epstein where she says she’s waiting for Eugenie to return from “a shagging weekend”.

“It’s incredibly distressing for both young women to see themselves mentioned so freely by their parents to a convicted sex offender,” said Russell Myers, the royal editor of Britain’s The Mirror newspaper.

He told CNN that while there was “a great deal of sympathy” the princesses, the emails sparked questions over what, if anything, they knew.

Both sisters are said to be “mortified” at the extent of their parents’ connections to Epstein. One source said they would “simply be aghast”.

“Beatrice can’t think straight. Unlike Eugenie, she’s put herself under pressure in standing by her dad and she’s starting to realise that may have been a mistake,” they said.

Beatrice was one of the instigators of a previous royal tell-all. She helped to organise her father’s notorious interview with the BBC in 2019, which led to him being compelled to step back from royal duties after a damaging spree of admissions and denials.

Meanwhile, Eugenie – the patron of an anti-slavery charity – is said to be very upset.

“I know that Eugenie feels like she’s being tarnished with a brush that’s not hers, that’s her father’s,” a friend told Page Six.

“She’s very, very frustrated.”

Ferguson’s financial woes

The latest reports come as six companies linked to Ferguson, the former Duchess of York, are being wound down. It is unclear what the businesses’ activities were, although one is related to public relations and another to retail.

Their closure follows revelations that Ferguson confided in Epstein about how desperate she felt about her financial difficulties.

Email exchanges indicate she asked for his advice about dealing with her £6 million ($A11.6 million) debt, while he was still in jail for soliciting prostitution from a minor.

One email suggests Ferguson told Epstein she was about to “freak with exhaustion”, and that she also leaned on him for emotional support.

Being named among the Epstein files is not an indication of wrongdoing.

A spokesperson for the former Duchess of York has been approached for comment.

‘Totally unacceptable’

The princesses’ father, now known simply as Andrew Mountbatten-Windsor, also faces further strife, with a former British business secretary calling for his time as a trade envoy to be investigated for possible corruption.

The documents released by the US Department of Justice appear to show Mountbatten-Windsor shared confidential reports from his role with Epstein.

Sir Vince Cable, whose was business secretary between 2010 and 2015, said the activity was “totally unacceptable”.

“We need a police or (director of public prosecutions) check on whether criminal corruption took place and a government investigation into how this was allowed to happen,” Sir Vince told the BBC.

Emails released as part of the so-called Epstein files earlier in February appear to show the former duke – a British trade envoy between 2001 and 2011 – sharing reports of official visits to Hong Kong, Vietnam and Singapore with the late financier.

Epstein was found dead by suicide in a New York jail ​cell where he was being held ⁠on sex-trafficking charges in 2019.

The latest Epstein release included more photos of the former prince Andrew. Photos: US Department of Justice

Thames Valley Police said they had spoken to specialists from Britain’s Crown Prosecution Service about the allegations.

“While we cannot provide timescales over when a decision as to whether a criminal investigation will be opened, we can assure you that Thames Valley Police is making progress as quickly as possible,” the force said on Wednesday.

The King has made clear his “profound concern” over the allegations of misconduct against Mountbatten-Windsor, with Buckingham Palace saying it will “stand ready to support” the police if approached.

Much of the work of the royal family in recent weeks has been overshadowed by the Epstein scandal, despite the King’s attempts to draw a line under the matter when he banished Mountbatten-Windsor and removed his titles.

-with AAP