Cloud 9's organisers said in a statement: "After some difficult conversations, it with a heavy heart and deep regret that, due to financial pressures, we announce to you the cancellation of Cloud 9 Festival 2012."

They continued: "We are so very sad to have to end a project that has been so dear to us for the past four years, we can't express how heartbreaking this decision has been to make. The festival environment this year has been incredibly difficult ...