Neil Young has confirmed that his Hyde Park concert in July 2019 will go ahead without sponsorship from Barclaycard in a dispute over investment in fracking.
A statement on his website, Neil Young Archives (NYA), said today:
“NYA is happy to announce that the Hyde Park show will proceed without Barclays as a sponsor.
“We are overjoyed, so happy to be playing the show!”
UK anti-fracking groups had contacted the singer when the concert sponsorship was announced to point out the link between fracking investment and Barclays, Barclaycard’s owner.
This afternoon, Pip Hockey, speaking for 30 groups said:
“We’re delighted that Neil Young has used his influence to sever ties with Barclays.
“The toxic bank was attempting to exploit his performance to distract from their pitiful record on the environment.
“Barclays are funding ecocide all over the world through their investments in tar sands pipelines and fracking.
“We hope other artists will take similar positions and boycott Barclays.”
Last week, Neil Young had objected to the sponsorship deal because of the links between Barclays and fracking and tar sands. In the UK, Barclays owns almost all of Third Energy, the company that is still waiting to frack a well at Kirby Misperton in North Yorkshire.
In a statement last week, Neil Young made clear his objections to the sponsorship:
“’I am standing against Barclays. . . . .Not on their stage. Not under their name. It shows how out of touch with reality Barclays Bank is, still investing in Fossil Fuels.
“Our children’s Planet is in trouble. Fossil Fuels are a major cause. Every day it gets much worse. Science on this matter is indisputable. Period. Barclays is still involved in the Canadian Tar Sands and currently backs fracking in England, overtly against the will of the people. It’s like they live in the past.”
Barclaycard has not commented on the announcement. The organisers of the British Summer Time festival are expected to issue a statement later. But they told BBC News the Neil Young show, which is co-headlining with Bob Dylan, would go ahead as planned.
Barclays has previously said it intended to sell Third Energy.