On Thursday, Sir Keir Starmer announced controversial plans to formally recognise Palestine as a state this weekend.

The Prime Minister said the UK will press ahead with the move, expected to be confirmed later today, unless Israel meets certain conditions, including agreeing to a ceasefire in Gaza and reviving the prospect of a two-state solution.

Tory leader Kemi Badenoch condemned the idea for 'rewarding terrorism', while the US Government said it will have 'disastrous consequences'.

Legal experts have warned it could also be a costly decision as it could prompt the new country to demand eye-watering sums, estimated at around £2trillion, in compensation for land 'taken from the Palestinian people' when Britain relinquished control after the Second World War.

Palestinian Authority President Mahmoud Abbas, who has a long history of threatening to sue Britain, is already demanding 'reparations in accordance with international law' based on the value of the land which was under British rule between 1917 and 1948.