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Slave-trade wealth was embedded in Britain’s financial system, research finds
Dozens of Bank of England directors and founding subscribers invested in trafficking of enslaved Africans The Bank of England and the British financial system were for centuries deeply involved in the enslavement and transatlantic…
AI Summary
New research reveals that dozens of Bank of England directors and its founding subscribers financially backed the transatlantic trafficking of enslaved Africans. The study shows the Bank and the broader British financial system were deeply entwined with the enslavement of millions of African people for centuries, embedding slave‑trade wealth within Britain’s financial infrastructure.
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