Trump golf resorts at Turnberry and Balmedie lost £4.4m in 2021

United Kingdom News News

Trump golf resorts at Turnberry and Balmedie lost £4.4m in 2021
United Kingdom Latest News,United Kingdom Headlines
  • 📰 BBCWestScot
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 53%

Turnberry in South Ayrshire and the Balmedie site in Aberdeenshire were both in the red.

The Turnberry accounts, for the financial year ending 31 December 2021, said the property was closed for the first three months of the year.

Upon re-opening, there was said to be a "significant" increase in staycations due to travel restrictions. With many wedding and functions rescheduling, there was confidence the future of the resort was "strong".The former president's son Eric Trump signed off the accounts for the Turnberry course as a director of the company.

"Brexit has impacted our business as supply chains have been impacted by availability of drivers and staff, reducing deliveries and the availability of certain product lines," he wrote. 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 affected 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".

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BBCWestScot /  🏆 85. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Homeowners on tracker mortgages set to pay £4,500 more a year than they did in 2021Homeowners on tracker mortgages set to pay £4,500 more a year than they did in 2021📈 UK homeowners on tracker mortgages can expect to pay spend roughly £4,500 more on their repayments this year compared to 2021 if the Bank of England raises it base rate as expected on Thursday
Read more »

24 Hours in A&E: Fans 'shocked and terrified' over suspected needle spiking24 Hours in A&E: Fans 'shocked and terrified' over suspected needle spikingNottingham experienced a wave of needle spiking in 2021
Read more »

I was on a rescue flight from Afghanistan and now I'm a UK master's graduateI was on a rescue flight from Afghanistan and now I'm a UK master's graduateA refugee who left Afghanistan for the UK with only a backpack has made the incredible achievement of graduating from university with a master’s degree 👏
Read more »

Ex-police officer admits to ‘sickening’ sexual abuse of girl, 13Ex-police officer admits to ‘sickening’ sexual abuse of girl, 13Former PC Haider Siddique has admitted sex offences against a vulnerable 13-year-old girl.
Read more »

Louise Kam: Two jailed for life over £4.6m property fraud murderLouise Kam: Two jailed for life over £4.6m property fraud murderLouise Kam, 71, disappeared in July 2021 and was later found dumped in a rubbish bin.
Read more »

Elon Musk's Tesla lost $140m on Bitcoin in 2022Elon Musk's Tesla lost $140m on Bitcoin in 2022Tesla invested $1.5bn in the cryptocurrency in early 2021, and briefly accepted it as payment.
Read more »



Render Time: 2025-02-22 22:26:26