Bloomberg News reports:
U.S. President Donald Trump’s golf business in northeast Scotland extended losses and warned about the impact of the coronavirus pandemic and Britain’s departure from the European Union. Trump International Golf Club Scotland Ltd., which operates a course in Aberdeenshire, reported a net loss of 1.1 million pounds ($1.5 million) for 2019 after losing 1.07 million pounds the previous year.
The investment in northeast Scotland has generated controversy over the years as Trump clashed with environmentalists, residents and the Scottish government. The latest challenges are the duration and spread of the Covid-19 pandemic and its impact on consumer confidence and spending, “all of which are highly uncertain in the current environment,” the filing said. Scotland, like much of the U.K., is in lockdown.
They will soon be calling me MR. BREXIT!
— Donald J. Trump (@realDonaldTrump) August 18, 2016
Just arrived in Scotland. Place is going wild over the vote. They took their country back, just like we will take America back. No games!
— Donald J. Trump (@realDonaldTrump) June 24, 2016
Trump’s Scottish golf business extends losses and warns about the impact of the pandemic and Brexit https://t.co/EKnhT8o9dD
— Bloomberg Politics (@bpolitics) December 31, 2020