Latest news with #SirMichaelEavis
Yahoo
13 hours ago
- Climate
- Yahoo
The best Glastonbury 2025 photos as 200,000 fans descend on Worthy Farm
The gates to Glastonbury Festival opened on Wednesday morning, kicking off day one of the 2025 celebration. The festival will last from Wednesday June 25 - Sunday June 29, hosted in the Somerset countryside. With over 200,000 people attending this year, the cow-farm venue has been transformed into a hot spot filled with an array of colourful camping tents, stages and arts and festivalgoers from all over the world. The event is said to be the most popular UK festival and one of the biggest festivals in the world, with some tickets selling out in under 40 minutes for £378.50. The festival's co-founder Sir Michael Eavis and his daughter Emily, who also co-organises the festival, kicked off the countdown as they prepared to open the gates for this year's event. This year, the main headlining acts are The 1975, performing on Friday, Neil Young and the Chrome Hearts on Saturday, and on Sunday, US artist Olivia Rodrigo, who will become the second youngest headliner ever at the festival. The three will perform on the main Pyramid Stage, with other artists including Raye, Biffy Clyro and Sir Rod Stewart also set to perform there over the weekend. According to forecasters, the weather this year is expected to be warm for the most part, with temperatures between 20C to 25C. Some rain is expected on Thursday, but considering Glastonbury's rainstorm history, festivalgoers are expected to be in luck this year weather-wise.
Times
2 days ago
- Business
- Times
Glastonbury founder could avoid £80m in inheritance tax
The owner of Glastonbury festival has transferred most of his financial interest in the event to his daughter and a family trust, potentially avoiding a huge inheritance tax bill. Sir Michael Eavis, 89, gave his entire shareholding in Glastonbury Festival Events Ltd, the operational company responsible for running the festival and selling tickets, to his daughter Emily, 45, in October. Last year the company sold 210,000 tickets to the event at about £300 each. Pre-tax profits doubled to nearly £6 million after revenues jumped 20 per cent to £68 million. At the same time, Eavis, who has long supported the Labour Party and in 2017 endorsed Jeremy Corbyn, describing him as 'the hero of the hour', also transferred three quarters of the shares he owns in the separate holding company, Glastonbury Festivals Limited, to a trust.
