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The Independent UK
The Independent UK
National
Andrew Griffin

Donald Trump: I'm glad the pound has crashed to historic low because of Brexit

Donald Trump has said it might be good that the pound has crashed in the wake of Brexit.

The plummeting value of British citizens' assets will mean that more people will come to his Scotland golf resort, he said.

Speaking after more than £100 billion was wiped off the FTSE 100 as the index fell more than 7%, and as the pound crashed 8% against the US dollar, Mr Trump said that the carnage would help his own business interests.

Mr Trump was speaking as he opened his newly-refurbished Turnberry golf resort, just the day after Britain voted to leave the European Union. 

Speaking at the ribbon-cutting ceremony, he said: "If the pound goes down, we're going to do more business.

"If the pound goes down, more people are coming to Turnberry, frankly.

"The pound has gone down and we will see what the impact of that is.

"But I think places like Scotland, England and different places in Great Britain, I think you're going to see a lot of activity.

"The pound got high and people weren't able to do what they wanted to do, for travelling and other things.

"I think it could very well turn out to be a positive.

"Nobody really knows. You'll know in about five years, you'll be able to analyse it.

"Maybe it will take even longer than that, but what is known is that they've taken back their independence, and that's a very important thing."

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