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Donald Trump has abandoned plans to visit the UK next month for the opening of the new £750m US embassy.

The president backed away from the idea due to fears he won't be welcome in the country, and the possibility of mass protests, according to various reports.

But when Mr Trump confirmed the decision on Twitter he put it down to his disapproval of the location and price of the new embassy.

He wrote: "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.

First look at the new US embassy 17 show all First look at the new US embassy 1/17 Exterior of the US Embassy in London 2/17 Consular Services 3/17 Pacific Forest Garden 4/17 Main Lobby 5/17 Ambassador Wall in Main Lobby 6/17 Facade detail 7/17 A general view inside the new US Embassy in south London before it opens for business in January 2018 PA 8/17 A general view inside the new US Embassy in south London before it opens for business in January 2018 PA 9/17 The visa hall at the new US Embassy PA 10/17 A bar inside the new US Embassy PA 11/17 Detail in Consular Services 12/17 The Department of The Treasury inside the new US Embassy PA 13/17 Exterior of the US Embassy in London 14/17 Outer envelope detail 15/17 Consular Services 16/17 View from office toward River Thames 17/17 Outer envelope detail 1/17 Exterior of the US Embassy in London 2/17 Consular Services 3/17 Pacific Forest Garden 4/17 Main Lobby 5/17 Ambassador Wall in Main Lobby 6/17 Facade detail 7/17 A general view inside the new US Embassy in south London before it opens for business in January 2018 PA 8/17 A general view inside the new US Embassy in south London before it opens for business in January 2018 PA 9/17 The visa hall at the new US Embassy PA 10/17 A bar inside the new US Embassy PA 11/17 Detail in Consular Services 12/17 The Department of The Treasury inside the new US Embassy PA 13/17 Exterior of the US Embassy in London 14/17 Outer envelope detail 15/17 Consular Services 16/17 View from office toward River Thames 17/17 Outer envelope detail

"Bad deal. Wanted me to cut ribbon-NO!"

However, the embassy's move from Mayfair to Nine Elms, near Battersea, was first reported in 2008 before Barack Obama was president.

Mr Trump is believed to be sending Secretary of State Rex Tillerson in his place to the opening of the new building.

Downing Street refused to comment on the report and the US embassy in London was unavailable for comment.

It comes despite Prime Minister Theresa May saying last week that Mr Trump "will be coming to this country".

Mrs May controversially extended the offer of a state visit when she became the first world leader to meet Mr Trump in the White House following his inauguration last year.

Protesters descend on Westminster as MPs debate Trump state visit 15 show all Protesters descend on Westminster as MPs debate Trump state visit 1/15 Protesters held placards with anti_trump messages EPA 2/15 Protesters hold up placards during a rally in Parliament Square Getty Images 3/15 Parliament Square was packed with protesters on Monday evening EPA 4/15 Anti-Trump chants were heard from Parliament Square before the debate PA 5/15 Co-Leader of the Green Party Caroline Patricia Lucas MP, addresses the rally PA 6/15 The protest began during the afternoon and continued into the evening PA 7/15 A rally was held in Westminster protesting against Donald Trump PA 8/15 A petition against the US president's state visit to the UK reached 1.8 million signatures Getty Images 9/15 MPs were debating Theresa's May state visit invitation to Donald Trump PA 10/15 Demonstrators attend a rally in Westminster protesting against Donald Trump PA 11/15 rotesters demonstrate against the proposed State visit to the UK of US President EPA 12/15 Demonstrators hold a 'Trump climate disaster' banner REUTERS 13/15 Demonstrators attend a rally in Westminster protesting against Donald Trump PA 14/15 Demonstrators gather in front of the Houses of Parliament REUTERS 15/15 Protesters march through Westminster flanked by police Hugh McDaid 1/15 Protesters held placards with anti_trump messages EPA 2/15 Protesters hold up placards during a rally in Parliament Square Getty Images 3/15 Parliament Square was packed with protesters on Monday evening EPA 4/15 Anti-Trump chants were heard from Parliament Square before the debate PA 5/15 Co-Leader of the Green Party Caroline Patricia Lucas MP, addresses the rally PA 6/15 The protest began during the afternoon and continued into the evening PA 7/15 A rally was held in Westminster protesting against Donald Trump PA 8/15 A petition against the US president's state visit to the UK reached 1.8 million signatures Getty Images 9/15 MPs were debating Theresa's May state visit invitation to Donald Trump PA 10/15 Demonstrators attend a rally in Westminster protesting against Donald Trump PA 11/15 rotesters demonstrate against the proposed State visit to the UK of US President EPA 12/15 Demonstrators hold a 'Trump climate disaster' banner REUTERS 13/15 Demonstrators attend a rally in Westminster protesting against Donald Trump PA 14/15 Demonstrators gather in front of the Houses of Parliament REUTERS 15/15 Protesters march through Westminster flanked by police Hugh McDaid

Since then, however, the president has indicated he does not want to take up the invitation if he is going to face mass demonstrations.

Last month, the White House said it will announce details "soon" of Mr Trump's proposed visit to the UK.

Mrs May and Mr Trump fell out spectacularly in November over his retweeting of anti-Muslim videos posted online by the deputy leader of the far-right Britain First group, Jayda Fransen.

At the time, the PM said Mr Trump was "wrong" to retweet the videos, and the US president hit back at Mrs May on Twitter by telling her to focus on "destructive radical Islamic terrorism" in the UK, rather than on him.

The United States announced plans to move from its current embassy building in Mayfair in 2008 and the new building will open on January 16.

On the embassy web page about the project, it said: "The project has been funded entirely by the proceeds of the sale of other US Government properties in London, not through appropriated funds."