The agreement limits bonus payments across the EU to, at most, twice bankers' annual salaries.
Prime Minister David Cameron has insisted that it must be implemented in a way that takes into account the position of London as a global financial centre.
Banks have increased salaries across Europe by 37 per cent in the past four years in response to the current crackdown on bonuses.
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Government minister Justine Greening has apparently opened up about her sexuality, as thousands took part in the London Pride parade.
Record crowds are at this year's Pride in London parade as people show their support for the LGBT community after the Orlando shooting
After a showery start to the day, parts of Northern Ireland, western Scotland and south-west England will see drier conditions.