President Trump blames Obama, cancelled his trip to London to open the new US embassy

Donald Trump has confirmed he has cancelled his trip to London to open the new US embassy, saying he does not want to cut the ribbon as he considers the building's relocation a "bad deal".  

He tweeted:

"Reason I canceled my trip to London is that I am not a big fan of the Obama Administration having sold perhaps the best located and finest embassy in London for "peanuts," only to build a new one in an off location for 1.2 billion dollars. Bad deal. Wanted me to cut ribbon-NO".

The US President had been expected to visit the new £750m ($1bn) home for American diplomats on the banks of the River Thames as early as next month.