Surrendering to pressure from several music acts and an ad-hoc movement, Barclays has suspended its sponsorship of all 2024 music festivals organized by Live Nation in the UK. The festivals now without Barclays backing include such popular…
BBC DJ Liz Kershaw has hit out at protesters targeting Barclays' sponsorship of summer music festivals, warning their woke opposition will be 'potentially devastating for our culture'.
Barclaycard was removed from the websites of festivals like Download, Latitude and Isle of Wight in recent days as it suspended its sponsorship of the events
In a statement, the bank said the defense industry "is a sector we remain committed to as an essential part of keeping this country and our allies safe.”
The Bank of England is expected to start cutting interest-rates in August as economic and market conditions are likely to support such a move, Barclays economist Jack Meaning says in a note.