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Poets withdraw from the T.S. Eliot Prize

December 15, 2011
The T.S. Eliot Prize, which awards a prize of £15,000 to its winner, has seen two shortlisted poets pulling out over the last few weeks, in protest at the prize’s sponsorship by investment management firm Aurum Funds, which manages the funds of hedge funds. First Alice Oswald announced her decision to withdraw herself from the shortlist for ethical reasons, and she was followed by PIW poet John Kinsella, who explained his reasons for doing so to the Huffington Post.

The prize is run by the Poetry Book Society, which recently lost its funding from the UK Arts Council. It has now entered into a three-year sponsorship arrangement with Aurum Funds. Read T.S. Eliot Prize judge Gillian Clarke’s thoughts about the sponsorship here
Sponsors
Gemeente Rotterdam
Nederlands Letterenfonds
Stichting Van Beuningen Peterich-fonds
Prins Bernhard cultuurfonds
Lira fonds
Versopolis
J.E. Jurriaanse
Gefinancierd door de Europese Unie
Elise Mathilde Fonds
Stichting Verzameling van Wijngaarden-Boot
Veerhuis
VDM
Partners
LantarenVenster – Verhalenhuis Belvédère