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The Latest Breaking News from Baillie Gifford

Baillie Gifford asks council pension funds about investing in 'killer' drones

THE Scottish investment firm Baillie Gifford has contacted Scottish council pension funds to ask whether they have “concerns” about investing in…

The National (Scotland)

Cliveden Literary Festival: Champagne, Chanel and Hollywood

It’s been a tough year for literary festivals, with sponsor Baillie Gifford cutting ties with Hay and Edinburgh. But in the grounds of Buckinghamshire’s Cliveden House, Will Hosie finds one that is thriving.

Evening Standard

Salman Rushdie’s knife attack memoir longlisted for Baillie Gifford prize

Books by Richard Flanagan, Viet Thanh Nguyen, Rachel Cockerell and Jonathan Blitzer also in running for £50,000 nonfiction award

The Guardian - UK

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The future of UK literary festivals: ‘There is no magic fairy’

After sponsor Baillie Gifford ended its support, book festivals urgently need new models to survive financially

The Guardian - UK

Mark Rylance among actors calling on Old Vic to cut links with fossil fuel investor

Paapa Essiedu and Stephen Dillane also sign open letter urging theatre to end Royal Bank of Canada’s support over its shares in fuel and arms

The Guardian - UK

OPINION - The Science Museum should not bow to climate change activists: take the oil money and be grateful to get it

Among its many lively claims to a place in history, the summer of 2024 will surely come to be known as the one that finally killed corporate sponsorship of the arts.

Evening Standard

Nvidia’s market cap will soar to $50 trillion—yes, trillion—says early investor in Amazon and Tesla

In the next 10 years, Nvidia’s value could be worth more than the entire S&P 500 today, tech investor James Anderson predicted.

Fortune

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Noel Gallagher says Glastonbury is ‘a bit woke now’ and criticises political musicians

Former Oasis guitarist describes festival, which has long championed political causes, as ‘kind of preachy and a bit virtue-signalling’

The Guardian - UK

Protests against arts sponsorship in Britain are killing culture. Be careful what you wish for

Baillie Gifford’s financial support of the biggest book festivals ended after a campaign against its fossil fuel ties. Britain’s arts need more corporate cash, not less

The Guardian - UK

Sainsbury’s boss says rate cuts needed to spur consumer spending; eurozone inflation dips to 2.5% – as it happened

Simon Roberts says consumer caution ‘not surprising given everything households have been through in the cost of living crisis’

The Guardian - UK

Book festivals previously sponsored by Baillie Gifford seek donations

Partnerships ended over the investment firm’s ties to fossil fuel and Israel, leaving nine book festivals including Hay, Edinburgh and Cheltenham in need of funding

The Guardian - UK

Our Baillie Gifford boycotts aren’t about tearing down the arts – they’re about building them up

Finance is always an issue, but surely we are entitled to expect a higher moral stance from our cultural institutions, says writer Tom Jeffreys

The Guardian - UK

Woke capitalism is not to be sneered at. Gen Z is a mighty force for change

Young people don’t want prospective employers to merely pay lip service to their liberal social values

The Guardian - UK

Angus Robertson says divestment campaigns pose 'existential threat' to arts sector

THE Culture Secretary Angus Robertson has warned that divestment campaigns against corporate sponsors pose an “existential threat” to…

The National (Scotland)

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The Guardian - UK

Naomi Klein: ‘Nobody’s perfect – but that’s not an excuse for doing nothing’

The Doppelganger writer and winner of the Women’s prize for nonfiction on the war in Gaza, current credibility of the left and posters for her book being torn down in London

The Guardian - UK

Edinburgh Festival Fringe Society CEO defends Baillie Gifford sponsorship

Investment management firm cancelled deals with UK literary festivals over links to Israel and fossil fuel companies

Evening Standard

Wilding author Isabella Tree calls Baillie Gifford boycott a 'cheap jibe'

The rewilding pioneer was at the launch of a new documentary based on her book

The Walrus

How the Giller Prize Became Associated with Genocide

Scotiabank’s military investments have tainted one of Canada’s most prestigious literary awards

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The Guardian - UK

Baillie Gifford book festival protesters are losing the plot

Letters: Targeting companies based on their fossil fuel investment is absurd and sends the wrong message, say Mike Pitts and Harvey Sanders

The Guardian - UK

Baillie Gifford cancels all remaining sponsorships of literary festivals

Cambridge, Stratford, Wigtown and Henley festivals say firm ended deals after protests over its links to Israel and fossil fuels

The National (Scotland)

THE Wigtown Book Festival has become the latest arts event to see its partnership with sponsor Baillie Gifford come to an end, organisers have…

The Guardian - UK

Baillie Gifford will no longer sponsor Borders and Cheltenham literature festivals

Investment management firm’s links to Israel and fossil fuel sector put sponsorship deals under pressure

The National (Scotland)

Borders Book Festival ends Baillie Gifford sponsorship 'with great regret'

THE Borders Book Festival will no longer be sponsored by Baillie Gifford after activists called on literary festivals to end their relationship with…

The Guardian - UK

Book festival activists are making absurd demands over Baillie Gifford

Insistence on investment purity misses the point and will only lead to a decline in arts sponsorship

Evening Standard

OPINION - Dylan Jones: Fossil Free Books are acting like teenagers — leave Hay Festival alone

The Hay Festival finished last night. The previous week it was blackmailed into ditching one of its sponsors, the wealth management group Baillie Gifford. A climate divestment activist group, Fossil Free Books, asked writers attending Hay to de-platform themselves in protest at Baillie Gifford’s sponsorship, because it invests two per…

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