Jun 14, 2024
Barclays suspends festival funding after protests
BBC. Barclays has suspended its sponsorship of all music festivals staged by promoter Live Nation in 2024, including Download, Latitude and the Isle of Wight. A spokesperson for Live Nation said: "Following discussion with artists, we have agreed with Barclays that they will step back from sponsorship of our festivals." A spokesperson for Barclays told the BBC: "Barclays was asked and has agreed to suspend participation in the remaining Live Nation festivals in 2024. "Barclays customers who hold tickets to these festivals are not affected and their tickets remain valid. The protesters' agenda is to have Barclays debank defence companies which is a sector we remain committed to as an essential part of keeping this country and our allies safe." Protest group Bands Boycott Barclays called the bank's decision to suspend its ties with the festivals a "Victory".
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