baillie gifford, the financial company who sponsored the hay book festival, were targeted by fossil freeist group, because of investments unked group, because of investments linked to fossil fuels and to israel . apparently. similarly, israel. apparently. similarly, barclaycard, who sponsor festivals including latitude, have been targeted by acts pulling out of festivals. alastair campbell's comedian daughter grace campbell pulled out of latitude festival , out of latitude festival, apparently because the sponsor, barclaycard profits from israel's genocide in gaza wait until she finds out what her dad did. i guess she'll be boycotting christmas dinner with him as well . all this pressure him as well. all this pressure is working. baillie gifford have now ended their sponsorship of book festivals and barclays has stopped its sponsorship of download latitude and the isle of wight festivals. however, festivals are now complaining of a lack of funding. wigtown book festival in scotland says it now has a £100,000 black hole in its budget. that's a lot of books and the justification for the at

and unless they then unless they severed their links with baillie gifford or baillie gifford , stoppedting in gifford, stopped investing in fossil fuels. and then horror of horror greta thunberg pulled out that i know at that stage it went a little bit quiet . baillie went a little bit quiet. baillie gifford made the point that actually of their portfolio, 2% goes into fossil fuels . they're goes into fossil fuels. they're a big investor in future energy. things like tesla electric cars. so in fact, compared to other firms , they're very progressive. firms, they're very progressive. they're probably the future of , they're probably the future of, of, the solutions to climate change. but this didn't make a big song and dance about all of their philanthropic. well, they do they do a ton of philanthropy that you just don't know about. they fund domestic violence shelters. they do all sorts of very, very good works . they are very, very good works. they are utterly quiet about it because it's not for virtue signalling . it's not for virtue signalling. >> but this year it's very much the co

calpers, the norway sovereign wealth fund said they would vote against, baillie gifford, cathie wood,ce and other shareholders voted for so there was a divide. sonali: it's fun when you see a vote against a pay package for still being invested >> in the stock. >>many people are critical of this package because it seems crazy. he's getting paid $56 billion after year where he's mired in scandals and is other companies. there are reasons to argue against this. if you are tesla investor especially of this valuation which is very high relative to other car companies, you have already said i believe in elon musk. that's one of the reasons why we are all expecting this to pass. sonali: what about the rest of the elon musk world? this is happening against a backdrop in which he's facing multiple lawsuits. >> many lawsuits across many different companies. the latest is the sexual harassment lawsuit brought by spacex employees. you also havoc class-action lawsuits and lawsuits involving severance to farmers employees of x this is. who elon musk delights to take reap -- legal risk and when chal

so this baillie gifford company invests in all kinds of things around the world, but it also sponsorse edinburgh book festival. and both of these festivals have now had to pull out and say we don't want their money anymore. that's going towards lovely charitable things like helping children to learn to read, because there are concerns that have some sort of violence or disobedience or anything else going on from climate protesters and anti —israel climate protesters and anti—israel protesters. and i think it's disgraceful . think it's disgraceful. >> okay. well, look, i cannot stand just stop oil or extinction rebellion or any of that lot , but i've had many run that lot, but i've had many run ins with them, lots of it on youtube. go and check it out. >> however, i'm blocked the thing, however , that i will thing, however, that i will fight for their rights to protest and, you know, free speech. >> i don't care whether they're from my side of the argument. i will die for their right to make their argument, whether i think it's a load of nonsense or not. so i mean, when it comes to art

>> so this is the baillie gifford thing. and, you know, they've pulled out of a number of. well, they're just saying they're not doing it anymore, aren't they? so, luke, what do you think about that. because it was activists putting pressure on this big corporation. and as a result, we're just not going to have book festivals, are we? >> no, no, i think it's a shame because it's really, really important to have books and to have actual physical media of books. so i just think that, i mean, it needs sponsoring from somewhere and there are worse people that sponsor worse things. >> yeah. i mean , it's very i >> yeah. i mean, it's very i mean, it was also very tenuous, the sort of link between baillie gifford and these, these, these causes that or the omni causes , causes that or the omni causes, they're calling it whatever it's to do with israel or, or or climate change or, you know, they're just sort of lumping all together. absolutely absolutely. >> i mean, well done. nish kumar, i hope you're pleased about this. you know, w

>> so this is the baillie gifford thing.ly and, you know, they've pulled out of a number of. well, they're just saying they're not doing it anymore, aren't they? so, luke, what do you think about that. because it was activists putting pressure on this big corporation. and as a result, we're just not going to have book festivals, are we? >> no, no, i think it's a shame because it's really, really important to have books and to have actual physical media of books. so i just think that, i mean, it needs sponsoring from somewhere and there are worse people that sponsor worse things. >> yeah. i mean , it's very i >> yeah. i mean, it's very i mean, it was also very tenuous, the sort of link between baillie gifford and these, these, these causes that or the omni causes , causes that or the omni causes, they're calling it whatever it's to do with israel or, or or climate change or, you know, they're just sort of lumping all together. absolutely absolutely. >> i mean, well done. nish kumar, i hope you're pleased about this. you know,

baillie gifford, it is annoying this kind of thing, isn't it? >> i find it very annoying. had lots of ideas, but nobody was listening to us. and now it feels like people at university are sort of are controlling everything. very young people in lots of places. >> to be fair. cambridge universities, they say they're considering. yes cutting ties on the basis of these investments. but is cressida right, the basis of these investments. but is cressida right , steve, but is cressida right, steve, that maybe the students should be. they've got too much clout. we should just be ignoring them again like we used to. >> well, i mean, i think there's always been the history of protest. students love a good protest. students love a good protest . maybe the time when you protest. maybe the time when you went to university there was less of that happening. i guess there was just iraq war stuff. it depends. there was. there was a there was a gap where there wasn't a lot of protest when i wasn't a lot of protest when i was at university. yeah, well, that makes a lot of sense, doesn't it?

gifford from supporting any book festival how. >> now. >> so second cultures backing donald trump forr of union jackass is, of course, the bush theatre in west london for thinking that you're all going to collapse. right? here is the weather. i'll be on britain's newsroom 930 monday morning. have a great weekend . have a great weekend. >> a brighter outlook with boxt solar sponsors of weather on . gb news. >> good evening. it's time for your latest gb news weather update brought to you by the met office. it is feeling a bit fresh considering it is early summer at the moment and there will be some showery bursts around through the next couple of days , all due to an area of of days, all due to an area of low pressure just to the north northeast of us . that's driving northeast of us. that's driving some cooler air across the country, and also some showery bursts as well. the showery bursts as well. the showery burst will be pushing their way southwards as we go through this evening and overnight. some clear spells in between, particularly across some eastern parts, eastern scotland, no

gifford from supporting any book festival how. >> now. >> so second cultures backing donald trump forof union jackass is, of course, the bush theatre in west london for thinking that you're all going to collapse. right? here is the weather. i'll be on britain's newsroom 930 monday morning. have a great weekend . have a great weekend. >> a brighter outlook with boxt solar sponsors of weather on . gb news. >> good evening. it's time for your latest gb news weather update brought to you by the met office. it is feeling a bit fresh considering it is early summer at the moment and there will be some showery bursts around through the next couple of days , all due to an area of of days, all due to an area of low pressure just to the north northeast of us . that's driving northeast of us. that's driving some cooler air across the country, and also some showery bursts as well. the showery bursts as well. the showery burst will be pushing their way southwards as we go through this evening and overnight. some clear spells in between, particularly across some eastern parts, eastern scotland, nort