Barclays ended its sponsorship of the Latitude Festival following a backlash from artists and fans over the bank’s alleged links to the Israel-Hamas war.
The bank has suspended its sponsorship deal with Live Nation, which operates the Latitude, Download and the Isle of Wight festivals.
In a statement, Live Nation said: “Following discussion with artists, we have agreed with Barclays that they will step back from sponsorship of our festivals.”
A spokesman for Barclays said: “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.”
It comes after musicians including Irish singer-songwriter CMAT and comedians such as Joanne McNally and Grace Campbell – the daughter of former Labour spin doctor Alastair Campbell – had announced they were pulling out of Latitude over accusations Barclays was helping to fund Israel’s weapons trade.
Several bands including Pest Control, Speed, Scowl, Zulu and Ithaca had also pulled out of Download, which began in Leicestershire on Friday.
The boycott followed attacks on at least 20 Barclays branches across England and Scotland earlier this week by pro-Palestine activists, who also took aim at the bank for investing in fossil fuels.