Following protests from fans and artists, the bank Barclays has pulled its sponsorship from festivals including Download, Latitude and the Isle of Wight festival.
Barclays’ ties to Israel have led to major boycotts recently as acts have pulled out of festivals because of the bank’s involvement.
It has now been announced that following these protests, Barclays will no longer be supporting some of the major UK festivals this summer.
A spokesperson from Live Nation told Metro.co.uk: ‘Following discussion with artists, we have agreed with Barclays that they will step back from sponsorship of our festivals.’
Singer, CMAT pulled out of performing at latitude because of Barclays’ affiliation with Israel. The Irish singer said on social media in May: ‘I am very sorry to announce that I am officially pulling out of playing the main stage of Latitude Festival 2024.
‘You may or may not be aware, but Latitude’s main sponsor is Barclay’s bank, who have been revealed to have increased their financing of various companies who are supplying weapons and military technology to Israel.’
‘Specifically it has invested over £100million into General Dynamics which provides gun systems to the fighter jets which are being used by Israel to bombard Gaza,’ CMAT claimed.
The singer explained that because of this she could no longer perform at a festival they were sponsoring.