Hay Festival drops sponsor over alleged hyperlinks to fossil gasoline and Israeli defence industries
A high-profile literary competition has dropped its sponsorship with an organization accused of investing billions in fossil fuels and companies linked to the Israeli defence trade.Hay Festival mentioned on Friday it had suspended its sponsorship with funding administration agency Baillie Gifford after figures together with comic Nish Kumar, singer Charlotte Church and Labour MP Dawn Butler pulled out of the occasion.
The competition is at present going down in Wales till 2 June.The group Fossil Free Books had urged Baillie Gifford to divest from the fossil gasoline trade, through which campaigners claimed it had between £2.5bn and £5bn invested.
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The workplaces of Baillie Gifford in Edinburgh in 2018. Pic: Reuters
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