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Donald Trump’s golf programs and leisure companies in Scotland claimed over £3m in UK authorities furlough cash, newly-published accounts present.
Covid restrictions brought on substantial losses at Trump resorts in Ayrshire and Aberdeenshire with each corporations lowering employees.
Trump Turnberry noticed turnover greater than halved and it recorded a lack of greater than £3m in 2020.
The opposite course and resort at Balmedie additionally reported a loss, of £1.3m.
Donald Trump’s mom got here from the Isle of Lewis, and the previous US president is alleged to have spoken fondly of his Scottish ancestry.
He opened his first golf resort on the Menie property in Aberdeenshire in 2012, amid opposition over potential environmental injury, and later tried to cease a wind farm being constructed off the coast, arguing it could spoil the view.
In 2014 he purchased the Turnberry golf resort in South Ayrshire from a Dubai-based firm.
He handed management of each programs to his sons Donald Junior and Eric shortly earlier than he turned president in 2017, however he retained a monetary curiosity.
Critics of Mr Trump lately misplaced a authorized bid to power the Scottish authorities to analyze how he paid for the programs, utilizing an unexplained wealth order.
In line with accounts filed with Corporations Home, Golf Recreation Scotland Ltd, which owns the Turnberry golf course and resort, noticed turnover fall from £19.7m in 2019 to £6.7m in 2020.
It made a revenue of £321,000 in 2019, and a lack of £3.4m in 2020.
The resort was closed from 23 March to fifteen July 2020, and once more from 20 November to 26 April 2021.
The corporate acquired a complete of £2.3m in grants below the furlough scheme in 2020, the accounts say, whereas the typical variety of workers fell from 541 to 289.
A subsidiary of the corporate, SLC Turnberry Ltd, made additional furlough claims of between £435,000 and £1.1m from January to August 2021, in response to authorities knowledge not included within the printed accounts.
“Authorities help was useful to retain as many roles as potential, nonetheless, uncertainty of the length of help and the pandemic’s sustained influence meant that redundancies have been required to organize the enterprise for the long run results to the hospitality trade,” say the accounts, signed by Eric Trump.
Trump golf course in Aberdeenshire, additionally noticed a steep drop in turnover, from £3.3m in 2019 to £1.1m in 2020, though the corporate’s losses rose solely barely, from £1.1m to £1.3m.
The accounts observe that whereas golf was permitted for a lot of the 12 months, the Macleod Home resort was closed from 21 March onwards, and the eating places and eating amenities solely opened in June and closed once more on 20 November.
“The UK authorities furlough scheme was useful to retain as many roles as potential, and the vast majority of workers have been reinstated over the course of the 12 months,” the accounts say.
The corporate acquired £452,000 in from the furlough scheme in 2020, in response to the accounts.
Individually, authorities knowledge exhibits that Trump Worldwide Golf Membership Scotland Restricted claimed between £85,000 and £205,000 of furlough cash from January to August 2021.
The common variety of workers fell from 84 in 2019 to 63 in 2020, the accounts present.
The final word controlling events of each corporations are the trustees of the Donald J Trump Revocable Belief, registered in Florida, the accounts say.
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