Slave-trade wealth was embedded in Britain’s financial system, research finds

Research has found that the Bank of England and Britain's financial system were deeply involved in the enslavement and transatlantic trafficking of millions of African people for centuries. This involvement is greater than previously known or acknowledged. The discovery highlights the extent to which the financial system was embedded in the slave trade, with dozens of Bank of England directors and founding subscribers investing in the trafficking of enslaved Africans. This revelation raises questions about the legacy of slavery in Britain's financial system and its ongoing impact on the econo…

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Research has found that dozens of Bank of England directors and founding subscribers invested in the trafficking of enslaved Africans. This discovery sheds light on the historical ties between the British financial system and the slave trade.

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