Legendary promoter Harvey Goldsmith has claimed the festival circuit has “peaked” due to a lack of new headline talent.

Speaking at the Hay literary festival in Powys, Wales, Goldsmith (pictured), who was one of the organisers of Live Aid and has worked with acts such as Led Zeppelin, U2, Pink Floyd, Queen and Madonna, said the circuit had peaked two years ago.

“There’s too many of them and there are not enough big acts to headline them,” he ...