The state visit (his second, which would normally never be given to a president with a maximum of 8 total years in office, if he doesn't drop dead or get 25th Amendmented) is unabashed brown-nosing. Sure, it costs a little to host him, but they've kept the cost down by not venturing out in public with all the policing costs that would need, and whether or not it's cheaper than a direct crypto bribe, as other countries are doing, it's still less embarrassing than that (and doesn't run the risk of some legal officer deciding to get all honest about bribes - unlikely, but possible). And it's far cheaper than promising to invest money in the USA or something.
So the image of behaving like a democracy with moral standards has to be thrown out of the window, and the British state wallows in Trump's moral and financial corruption. When he's gone, they'll all say, slightly shame-facedly, "well, we had to do it for the sake of 'good relations', don't worry, we'll never do that again, oh no, of course not". Parliament at least seems to have got away without him turning up there, so they can hold their heads higher.
Today's Private Eye magazine cover sums the hypocrisy up:
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