clarification

“This will hopefully bring clarification for market participants and foster the development of sustainable products,” he says.

Hamas has also renewed its demand for a timeline for Israel’s withdrawal from Gaza and is seeking clarification regarding the formation of an international peacekeeping force for the enclave, including its mandate and deployment plan.

In a statement, the Department for Business said it was "pushing the European Commission for urgent clarification of the impact of this move on the UK".

"We are currently awaiting further clarification from the safeguarding board," it added.

In its clarification, the White House said the new fee, which is more than 60 times the amount currently charged, would not be enforced until the next round of visa applications was approved.