The city based investment company have decided not to renew their contract with the most popular botanical event after this May.

M &G, The leading fund managers of the UK are set to end their sponsorship with the Royal Horticultural Society’s Chelsea Flower Show.

This will leave open a new sponsorship deal which is reportedly set to demand a seven figure sum from a new backer.

The Chelsea flower show is one of the most popular non-sporting events in the UK.