Finance Inquirer
No Result
View All Result
Friday, November 6, 2026
  • Login
  • Home
  • Business
  • Technology
  • Finance
  • Stock Market
Subscribe
Finance Inquirer
  • Home
  • Business
  • Technology
  • Finance
  • Stock Market
No Result
View All Result
Finance Inquirer
No Result
View All Result
Home Business

Donald Trump’s struggling Scottish golf courses claimed more than $4 million in UK government aid during the pandemic

Tom Hagler by Tom Hagler
28.12.2021
in Business
Donald Trump’s struggling Scottish golf courses claimed more than $4 million in UK government aid during the pandemic
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

Trump at the Turnberry golf course.

AP Photo/Scott Heppell

  • Donald Trump’s Scottish golf resorts claimed millions in pandemic support from the UK government. 
  • Both Trump Turnberry and Trump International Scotland recorded losses in the millions in 2020.
  • Company accounts signed by Eric Trump cite Brexit as a contributing factor to the resorts’ struggles.

Former President Donald Trump’s Scottish golf resorts claimed more than $4 million in UK emergency money as the struggling businesses furloughed hundreds of staff members amid the COVID-19 pandemic.

Newly-published company accounts for the two international resorts revealed the Trump Turnberry in Ayrshire and Trump International Scotland near Aberdeenshire cut 273 jobs in 2020, while also claiming $3.7 million in furlough support.

Trump relinquished control of both resorts to his sons, Donald Trump Jr. and Eric Trump, shortly before he was inaugurated as president in 2017 but kept financial interest in the businesses, both of which are owned by holding company Golf Recreation Scotland, Ltd.

Additional government data reviewed by The Guardian shows both resorts made further financial claims this year as the UK government’s emergency job retention scheme persisted. 

The BBC was the first to report the resorts’ additional 2021 claims, which are reportedly worth between $698,000 and $1.7 million, adding to a total between $4.4 million and $5.5 million in furlough support over  two years. The new figures have not been included in the Trump companies’ most recent accounts, according to The Guardian.

Trump Turnberry recorded a loss of more than $4 million in 2020 while the Aberdeenshire resort reported a loss of $1.7 million. Filings for both resorts cited the government lockdown, which required the businesses to be closed for multiple months in 2020 and into 2021, as reason for significant staff losses.

However, in the accounts filed by Golf Recreation Scotland Ltd. and signed by director Eric Trump, he also cited Brexit as a contributing factor to the resorts’ failing finances, according to The Independent.

“Brexit has also impacted our business as supply chains have been impacted by availability of drivers and staff, reducing deliveries and availability of certain product lines,” The Independent reported.

The documents go on to claim increased prices due to freight and import duty charges following the Brexit vote, as well as a reduced staff availability because of wage inflation, have negatively impacted the resorts.

During his presidential campaigning and into his presidency, Trump was a vocal supporter of Brexit, which saw the withdrawal of the United Kingdom from the European Union in 2016. The former president nicknamed himself “Mr. Brexit” in a 2016 tweet and celebrated the Brits, who he said “took back their country” at an appearance in Turnberry in 2016. 

The company accounts, filed earlier this month, also suggested that both golf resorts owe additional money to Trump himself in loans from the former president’s personal funds and the holding company to Turnberry and Trump International Scotland, totalling more than $158 million, according to The Guardian.

A representative for the Trump Organization did not immediately respond to Insider’s request for comment, nor did a spokesperson with Trump Turnberry or Trump International Scotland. 

Trump opened the Aberdeenshire location in 2012 and bought the Turnberry resort in 2014. The former president is said to be particularly proud of his mother’s Scottish heritage.

Last month, a group of human rights lawyers lost their bid to force the Scottish government to probe how the former president paid for his two golf courses in the country. The advocacy group Avaaz brought the case after the Scottish government declined to probe an unexplained-wealth order against Trump.

Read the original article on Business Insider businessinsider?d=yIl2AUoC8zA businessinsider?i=8dz3AXejrHY:gL5H44JuwA businessinsider?i=8dz3AXejrHY:gL5H44JuwA businessinsider?d=qj6IDK7rITs businessinsider?i=8dz3AXejrHY:gL5H44JuwA

  • Trending
  • Comments
  • Latest
P2Pro: profitable changes are coming!

P2Pro: profitable changes are coming!

13.09.2022
Saving and investing the two keys to your future retirement

Saving and investing the two keys to your future retirement

21.06.2022
The Dow Jones slept through the whole trade despite positive data from the labor market. Nasdaq had its best streak of gains this year

The Dow Jones slept through the whole trade despite positive data from the labor market. Nasdaq had its best streak of gains this year

01.09.2022
The ranking of countries in terms of the coverage of children with preschool education has been compiled

The ranking of countries in terms of the coverage of children with preschool education has been compiled

03.11.2022
Take the best photos of your life with the new vivo Y76 5G now available

Take the best photos of your life with the new vivo Y76 5G now available

Complete your Christmas shopping with up to 75% off on devices at vivo’s Big Christmas Sale on Shopee

Complete your Christmas shopping with up to 75% off on devices at vivo’s Big Christmas Sale on Shopee

AirPods 3 vs AirPods 2 – What’s the Difference?

AirPods 3 vs AirPods 2 – What’s the Difference?

Want to be a content creator? Here are 5 valuable tips from today’s top Pinoy online celebrities

Want to be a content creator? Here are 5 valuable tips from today’s top Pinoy online celebrities

European Technical Expands AMC Services Across Dubai Amid Rising Demand

04.11.2026
Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

12.09.2025

A Family debt of €20 million marks a new chapter in Dasha Ozden’s life

04.09.2025

SnapInspect Shares Five Key Factors to Consider When Choosing Property Inspection Software

25.08.2025

Recent News

European Technical Expands AMC Services Across Dubai Amid Rising Demand

04.11.2026
Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

12.09.2025

Categories

  • Business
  • Finance
  • News
  • Stock Market
  • Technology
  • Без рубрики

Site Navigation

  • Home
  • Contact Us
Finance Inquirer

We offer multimedia features, easy channel navigation, strong social media presence and numerous engagement platforms that allow the readers to experience content anytime, anywhere, always.

No Result
View All Result
  • Home
  • Business
  • Technology
  • Finance
  • Stock Market

© 2021 financeinquirer.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In