The Edinburgh International Film Festival has lost a £70,000 annual funding deal from Standard Life, Scotland on Sunday can reveal. The finance company's decision will be a heavy blow to the festival, which is already struggling with the end of a £1.9 million three-year grant from the UK Film Council.
Standard Life said its decision was part of a wider reorganisation of sponsorship programmes. The move came after the festival declared it was ditching awards and red carpet appearances by A-list stars that attracted widespread publicity.