Baillie Gifford ends funding for third book festival

3 weeks ago 7

18 hours ago

Giancarlo Rinaldi,South Scotland reporter

Wigtown Book Festival Book signWigtown Book Festival

Wigtown Book Festival has ended its 14-year association with Baillie Gifford

Another Scottish book festival is ending its partnership with sponsors Baillie Gifford following pressure from climate change protesters.

Wigtown Book Festival confirmed the move following similar announcements by the Edinburgh International Book Festival and the Borders Book Festival.

A short statement from the board of the Dumfries and Galloway event said it was making the move "with regret".

The company has been a supporter of the festival - staged this year from 27 September to 6 October - for more than a decade.

The festival in Scotland's national book town is the latest in a number of literary events across the UK to end sponsorship deals with Baillie Gifford.

The Edinburgh International Book Festival and the Hay festival in Wales were followed on Tuesday by the Borders Book Festival in Melrose. Baillie Gifford's sponsorship of the Cheltenham Literature Festival has also ended.

Campaign group Fossil Free Books had criticised the festivals for working with a company it claims has links to fossil fuel firms and Israel, and welcomed the announcements.

line

Timeline

line

Baillie Gifford has defended its record, saying it is not a major fossil fuel investor and described claims that it had significant amounts of money in the occupied Palestinian territories as "offensively misleading".

Dozens of Scotland’s top writers last week criticised the impact of protests over the sponsorship on the Edinburgh International Book Festival.

They described the tactics being used as "ill-thought out".

'Stalwart support'

Organisers of the Wigtown festival had previously said they were confident that sponsorship it received conformed to "transparent ethical standards".

They had described Baillie Gifford as "exemplary supporters".

However, in an abrupt change of position, it too decided to end its links with the firm.

"It is with regret that we announce that the partnership between Wigtown Book Festival and Baillie Gifford is to end," said a board statement.

"We wish to offer huge thanks for their stalwart support over 14 years, which has allowed us to sustain and grow the festival and has provided economic, cultural and social benefits across our community."

Read Entire Article