Published 17:33 IST, June 18th 2020

UK companies with historic slave ties fund minority programs

Two of Britain’s largest companies have promised to financially support projects assisting minorities as Britain continues to reckon with its role in the slave trade.

Follow: Google News Icon
  • share
null | Image: self
Advertisement

Two of Britain’s largest companies have promised to financially support projects assisting mirities as Britain continues to reckon with its role in slave tre.

Insurance giant Lloyd’s of London and pub chain Greene King me pledges after y were included in a University College database of companies with ties to slave tre.

Advertisement

pub chain was founded in 1799 by Benjamin Greene. He was among 47,000 people who received compensation intended for slave owners when British Empire abolished slavery in 1833. Greene surrendered three plantations in West Indies for equivalent of 500,000 pounds ($628,000) in today’s currency.

database showed that Simon Fraser, a founder subscriber member to Lloyds, was given 400,000 pounds ($502,00) in today’s currency, to surrender an estate in Dominica.

Advertisement

(Representative Im)

17:33 IST, June 18th 2020