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Many wealthy families in the UK have benefited from the compensation, and today's generations continue to benefit. [7] The Centre for the Study of the Legacies of British Slave-ownership was created to research the effects of slavery on British history, including the Slave Compensation Act of 1837.
The issue of reparations for slavery could be included in a document due to be signed off at the Commonwealth Heads of Government Meeting this week, the UK has conceded despite opposition from the ...
The UK government previously ruled out paying reparations for slavery and Downing Street said its position included "other forms of non-financial reparatory justice too".
When slaves were emancipated by Act of the British Parliament in 1834, the British government paid compensation to slave owners. The Bishop of Exeter , Henry Phillpotts , and three business colleagues acted as trustees for John Ward, 1st Earl of Dudley when he received compensation for 665 slaves. [ 86 ]
Those opposed to paying reparations say countries shouldn't be held responsible for historical wrongs, while those in favour say the legacy of slavery has resulted in persistent and vast racial ...
Under the terms of the Act, the British government raised £20 million [31] to pay out for the loss of the slaves as business assets to the registered owners of the freed slaves. In 1833, £20 million amounted to 40% of the Treasury's annual income [ 32 ] or approximately 5% of British GDP at the time. [ 33 ]
LONDON (AP) — A debate about reparations for Britain’s role in the slave trade overshadowed a summit in Samoa of the Commonwealth, many of whose member nations were once British colonies. Britain insists it will not pay to make amends for the historic wrong, but both King Charles III and Prime Minister Keir Starmer addressed the issue ...
All three candidates running to become the next secretary-general of the Commonwealth, a 56-nation club headed by Britain's King Charles, said on Wednesday they supported reparations for ...