Barclays on Friday suspended its sponsorship of all Are living Nation music festivals in 2024 immediately after a variety of acts dropped out in protest about the bank’s one-way links to defense providers that get the job done with Israel.
The suspension features future Are living Country festivals throughout the British isles this summer, such as Latitude, Obtain and the Isle of Wight.
“The protesters’ agenda is to have Barclays debank defense corporations which is a sector we remain fully commited to as an necessary aspect of trying to keep this country and our allies secure,” the bank’s spokesperson told Reuters.
The suspension comes soon after numerous artists, which includes nation singer CMAT, metallic band Ithaca and comedian Joanne McNally, pulled out of the functions.
Final month, Barclay’s annual shareholders’ assembly was disrupted by activists protesting versus its alleged indirect inbound links to violence in Gaza. The bank had said the week ahead of that it did not invest its individual income in corporations that supply weapons utilised by Israel in Gaza.
