Britain’s arts sector learns the cost of being too pure for finance

A bank and asset manager have withdrawn their sponsorship of music and book festivals in the UK after activists called for boycotts.

Celia Walden

Jun 20, 2024 – 7.28am

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Right now, the activists targeting Barclays’ sponsorship of summer music festivals are celebrating.

After bands threatened to boycott events supported by the bank – which invests six-figure sums in festivals staged by promoter Live Nation, including Download, Latitude and the Isle of Wight – amid pressure over its links to defence companies supplying Israel, it opted to pull its support for the cultural fixtures of our summer.

The Telegraph London