Baillie Gifford cancels all remaining sponsorships of

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

Baillie Gifford has cancelled all of its remaining sponsorship deals with literary festivals after protests over its links to Israel and fossil fuel companies.

The investment management firm refused to confirm that it had taken the decision, but the Guardian has heard from Cambridge, Stratford, Wigtown and Henley literary festivals that the company had decided not to continue its partnership with them.