Showbiz
Rex Features
The Little Britain star and the 18-year-old model had been romantically linked since the start of the year, but The Sun reports that they decided to part during a weekend break in New York.
A source said: "They want to remain friends."
Earlier this week, it was claimed that Budd had still been seeing college boyfriend Sasha Stokeli while she was romancing Walliams.
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