9 Hrs
Source:
The Guardian
Research shows slave-trade wealth in UK finance
Recent research reveals that Britain’s financial system, including the Bank of England, was deeply involved in the transatlantic slave trade for centuries. Dozens of Bank of England directors and founding subscribers invested in slavery and enslaved Africans, with wealth from the trade forming part of the bank’s initial capital. The findings underscore the systemic role of financial institutions in supporting and benefitting from slavery, prompting calls for acknowledgment and reparations.
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