Donald Trump’s Scottish golf courses post losses of £15m
1 year, 11 months ago

Donald Trump’s Scottish golf courses post losses of £15m

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The company which owns former US president Donald Trump’s Ayrshire golf course posted a more than £15 million loss in 2021, its accounts show. The former president’s son Eric Trump signed off the accounts for the Turnberry course as a director of the company, saying in a report that Brexit had impacted on supply chains and staffing. Eric Trump also said staff availability had been a “challenge” due to wage inflation caused by “increased business levels” in the retail and logistics sectors, adding the “staffing pool” had been “indirectly” impacted by Brexit “with lack of access to European staff for businesses in general resulting in greater demand for the individuals previously available at the resort”. He went on to tell the Telegraph that Brexit would be a good thing for Trump Turnberry, saying: “When the pound goes down, more people are coming to Turnberry.” The companies are reliant on inter-company loans from the Trump Organisation, which now total £131.6 million for the Turnberry course, up from £113.6 million the previous year, and £1.2 million for Aberdeenshire – up from £1.1 million.

History of this topic

Trump's coming to town! US President-elect to visit Scotland next year to open golf course
1 month, 2 weeks ago
Donald Trump has got the driver swing
1 month, 3 weeks ago
Trump’s loss-making Scotland golf course celebrates historic victory of ‘true leader’
2 months ago
In UK, Trump's Scottish links split locals
2 months ago
Trump golf course environmental claims ‘laughable’, campaigners say
2 months, 4 weeks ago
Trump to open second golf course at Scotland resort in summer 2025
3 months ago
Scottish lawmakers demand Trump to open golf course books after former president was convicted in NY fraud case
6 months, 1 week ago
Has Donald Trump’s Scottish golf course blown a hole in one’s defence?
1 year, 3 months ago
'He would have to sell': Trump's Turnberry golf course blacklisted by Open Championship
1 year, 7 months ago
Donald Trump’s Turnberry golf course blacklisted by Open Championship organisers
1 year, 7 months ago
Trump plays golf at Turnberry course on third day of Scotland visit
1 year, 8 months ago
Donald Trump jokes with crowd as he plays golf at his Turnberry course
1 year, 8 months ago
Donald Trump arrives in Turnberry on second day of Scotland visit
1 year, 8 months ago
Trump travels to Scotland to open golf course amid NY trial
1 year, 8 months ago
Trump's Scottish golf courses take multi-million dollar hit because of policy he backed
1 year, 11 months ago
Donald Trump revels in spotlight ahead of $50m LIV Golf finale
2 years, 2 months ago
Donald Trump to join up with Bryson DeChambeau as latest LIV Golf recruit
2 years, 5 months ago
Trump’s struggling UK golf resorts claimed millions in COVID aid while he was president
3 years ago
Trump's Scottish golf resorts raked in millions in UK subsidies as Covid limited business
3 years ago
Trump's Irish golf course posts record $4M loss as pandemic hammers his business empire: report
3 years, 1 month ago
Scottish Dunes Trump Promised To Protect On His Golf Course Are Ruined
3 years, 2 months ago
Petition filed in Scotland court over govt's rejection to investigate Trump's golf course buys
3 years, 7 months ago
R&A says no plans to award the Open to Trump's Turnberry
3 years, 11 months ago
No Scottish Golf Trip for Trump, Says Leader Nicola Sturgeon
4 years ago
Trump filed “fraudulent” financial information about overseas golf clubs to US government: watchdog
4 years, 4 months ago
Did President Trump inflate the value of his Scottish golf resorts in government filings?
5 years, 4 months ago
Trump Inflating Scottish Golf Resorts' Value By $165 Million, Per UK Filings
5 years, 4 months ago
Trump's golf course tweet condemned by former ethics chief: 'Shameless, corrupt and repugnant'
5 years, 10 months ago

Discover Related