Macdonald Hotels counts cost of huge legal bill after High Court loss hospitality Luxury chain Macdonald Hotels slumped into the red before being order to pay a huge legal bill after losing a case to the Bank of Scotland. Macdonald Hotels sued the Scottish subsidiary of Lloyds Bank claiming it was “seriously wronged’ by the lender which resulted in it losing out on millions of pounds. Chairman and [...]
Hotel group in £118m lawsuit against Lloyds over alleged mistreatment Legal Luxury hotel chain Macdonald Hotels is suing the Scottish subsidiary of Lloyds Bank as it claims it was "seriously wronged' by the bank, resulting in it losing out on millions of pounds
Macdonald Hotels & Resorts back in the red as cost increases bite hospitality Macdonald Hotels & Resorts slumped back into the red during its latest financial year as it battled a rise in its costs. The group, which is headquartered in East Kilbride, Scotland, has reported a pre-tax loss of £3.5m for the year to 28, September, 2023, after having posted a pre-tax profit of £44.5m in the [...]