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The Latest Breaking News from Baillie Gifford

Save UK investment trusts from New York’s blackjack raider. Vote no to Saba

The City should protest about US hedge fund manager Boaz Weinstein’s attempt to seize control of seven trusts

The Guardian - UK

From the Baillie Gifford to the Giller: can literary prizes survive protests against sponsors?

Writers have been coming out against companies that fund awards, with serious implications for the books industry

The Guardian - UK

Scottish firm invests in AI weapons firm founded by US billionaire

A SCOTTISH firm has given financial backing to an AI weapons start-up founded by a US tech billionaire who has links to Donald Trump.

The National (Scotland)

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Booker Prize winner Richard Flanagan adds Baillie Gifford nonfiction prize to his trophy shelf

Australian writer Richard Flanagan has won Britain’s leading nonfiction book prize, a decade after being awarded the Booker Prize for fiction

The Independent UK

Richard Flanagan wins Baillie Gifford prize and questions sponsor’s fossil fuel ties

Australian author says he will not accept £50,000 prize money until fund manager reduces its fossil fuel investments

The Guardian - UK

Small, local book festivals are still thriving

Letters: Stewart Collins says support for the Petworth literary festival in West Sussex is growing, and Kathryn Streatfield suggests local events are the solution for a changing festival world

The Guardian - UK

After Baillie Gifford: are literary festivals on their last legs?

Over the past 75 years, the idea of the book festival has become embedded in the British cultural landscape. But as costs rise sharply and reading habits change, many are finding it a struggle to survive

The Guardian - UK

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Nuclear war rehearsal and Gauguin biography make shortlist for Baillie Gifford prize

Books by Rachel Clarke, Richard Flanagan and Viet Thanh Nguyen are among the six competing for the nonfiction award

The Guardian - UK

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

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

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Fortune

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.

The Guardian - UK

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’

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news in one place.

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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 National (Scotland)

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 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

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