Fossil Free Books has managed to bounce the organisers of the Hay festival and the Edinburgh international book festival into dropping Baillie Gifford as principal sponsor.Fossil Free Books has managed to bounce the organisers of the Hay festival and the Edinburgh international book festival into dropping Baillie Gifford as principal sponsor.n a ranking of climate villains in the fund management industry, Baillie Gifford would surely come a long way down most people’s list.
One can also wonder why a group of “workers in the literary industry” didn’t start by pitching their demands closer to home. Waterstones and the US book chain Barnes & Noble – two major employers of workers in the literary industry – are owned by New York-based hedge fund Elliott, whose commodities operationSuch examples merely underscore how the financial world is a complicated place.