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

The scale of the financial system’s involvement in enslavement is greater than previously known or acknowledged. Composite: Guardian/Diana Ejaita The scale of the financial system’s involvement in enslavement is greater than previously known or acknowledged. Composite: Guardian/Diana Ejaita Enslaving nation Slavery 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 trafficking of millions of African people, according to new research on Britain’s slavery history.