Donald Trump's Scottish golf resorts suffer heavy losses

US president had to plough £1.3m into debt-ridden Aberdeenshire resort as oil price crash hit its popularity

Donald Trump’s loans to his golf resorts in Scotland have increased to more than £150m after their losses last year accelerated, partly because of the oil price crash and currency costs.

The latest accounts for his network of Scottish companies show he had to plough another £1.3m into his debt-ridden resort in Aberdeenshire to keep it afloat after the North Sea crisis saw its popularity slump among local golfers.

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from The Guardian http://ift.tt/2yQF1Wa