Trump resorts financial woes

Donald Trump has lost millions of pounds for three years running on his two Scottish golf resorts, according to financial records filed in the UK.

A Companies House report shows losses last year at the resorts more than doubled to £ 17.6million.

The US president’s company attributed the results partly to shutting down their Turnberry resort for half the year while building a new course there and restoring an old one.

The Trump Organisation have faced several setbacks since they ventured into Scotland a dozen years ago.

Trump angered local residents near his Trump International Golf Links in Aberdeenshire with what they say are bullying tactics to make way for more to have a proposal to restore the house to its former glory.

“Externally the house will look like it always has.” He proposes to retain as many original features as possible.

Ro b i n sa i d th e surrounding detached homes would be a “sympathetic residential development.”

Slate roofs and sliding sash and case windows will form part of the design.

Robin added: “I am excited. We took on the project at the end of 2014. For the last two and a half years we have put it a lot development.

The company have also lost a court fight to stop an offshore wind farm near that resort, which drew objections from environmental regulators over building plans there in August.

They also appear to be at risk of losing a bid to host the coveted Scottish Open at their courses.

Trump handed over management of his company to his two adult sons before becoming president but still retains his financial interest.

In addition to the Turnberry shutdown, the company also noted in their report that they took an £ 8million loss due to fluctuations in the value of the pound last year.