The Scotsman reports:
The US president’s Trump International Golf Links firm in Aberdeenshire posted annual losses of £1.07m in 2018, marking the seventh consecutive year it has failed to turn a profit, according to documents lodged with Companies House.
The figures are based on an annual turnover of £2.76m. The company remains reliant on interest free loans provided by Mr Trump worth £40.6m. The latest filings mean that Mr Trump’s resort, which he promised would be the “world’s greatest,” has now run up cumulative losses of more than £9.4m.
The latest accounts, signed off by Trump Organisation’s auditors in Scotland, Johnston Carmichael, cover the 12 months to the end of December 2018. They show the employee headcount has since fallen to 77. When Mr Trump first unveiled his plans for the resort, he promised it would create 6,000 jobs.