Trump's Scottish golf courses recorded more losses in 2021

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SLC Turnberry Ltd., which manages the famed Turnberry golf resort, said closure for part of the year due to the COVID-19 pandemic contributed to pre-tax losses of 3.7 million pounds.

Trump International Golf Club Scotland Ltd, which operates a club Trump built north of Aberdeen, reported a pre-tax loss of 697,000 pounds.

The results were helped by the companies receiving just over 1 million pounds in COVID payroll support from the UK government.

The clubs said they saw underlying improvements in theirs businesses.

However, the results add to a picture of financial challenges at many Trump companies that was revealed in December, when the then Democratic-led House of Representatives Ways and Means Committee released the former President’s tax returns.

The records cut against the Republican ex-president’s long-cultivated image as a successful businessman as he mounts another bid for the White House.

($1 = 0.8081 pounds)