London's finance district, steeped in slavery, confronts its past

  • 📰 Reuters
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

British ships ferried over 3 million enslaved African people across the Atlantic Ocean. Lloyd's of London insured many of those vessels, the people chained below deck sometimes categorized as “perishable goods”, alongside cattle, by the market's underwriters.

Lloyd's involvement in the trans-Atlantic slave trade is not included in the market's permanent exhibition at its modernistic City tower but that is set to change.

Lloyd's and the Bank of England have each hired a historian to delve into their roles in the slave trade and are planning on publicizing the results in the next year. The gallery makes no mention of Angerstein's links to the slave trade on its website. It does say he belonged to the Committee for the Relief of the Black Poor, an organisation with abolitionist interests.

Lane, who began work at Lloyd's last month, is trawling through art, swords, silverware and documents held by the market. Lloyd’s declined to make her available for interview. The report says over 2,000 responses to two consultations showed "low demand" for removing the statues.Europe’s sugar colonies in the West Indies were built on slave labour from Africa during the 17th and 18th centuries and the City of London was the financial centre of the trans-Atlantic trade in humans.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Explanation for disruption to normal service via YouTube

Black History Month; destroying the myths. No. 6 Racism causes black aca... via YouTube

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines