Donald Trump will announce his decision on whether to pull the United States out of the Paris climate accord during a White House Rose Garden event today.

LATEST: British environmentalists accused Donald Trump of treating the international community with "utter contempt" after he refused to sign up to global action on climate change at an international summit.

The White House made its opening bid for what officials called the “biggest tax cut” in US history — with cuts that would benefit businesses, the middle class and certain high-earning individuals — but left unanswered questions about whether the plan would be paid for, or how.

The US president has publicly criticised his chief strategist, but it is the latter’s feud with Trump’s son-in-law that may push him out of the inner circle, says Shannon Pettypiece

BBC’s Panorama recently revealed new evidence about the banking crisis. It suggested that the UK regulator was complicit in manipulating Libor, the main UK benchmark interest rate from which millions of financial products are priced.

Oil prices will probably continue to decline and could reach as low as $30 (€26.40) a barrel, according to Gary Cohn, president of Goldman Sachs Group.

The head of one of the world’s leading investment banks has said Britain should remain in the EU, describing London as “a great financial capital of the world”.

Lloyd Blankfein, the chief executive of Goldman Sachs Group, saw his 2010 compensation rise to $14.1m (€9.9m) from just over $1m (€700,000) in 2009, according to an analysis of data filed with regulators.