The £100m fund will aim to provide a 'better and fairer future for communities affected by historic slavery', according to a new report
11 January 2023, 14:21@kellyjourno
The funding will aim to provide a "better and fairer future for all, particularly for communities affected by historic slavery", according toJustin Welby, the archbishop of Canterbury, said now was the "time to take action to address our shameful past" after previously labelling the report's interim findings a "source of shame" for the church in June last year.
An investigation looking into the church's past found that by 1777, Queen Anne's Bounty had investments worth £406,942 in the South Sea Company.This is thought to be around £724m in today's terms.Mr Welby said: "The full report lays bare the links of the Church Commissioners' predecessor fund with transatlantic chattel slavery.Read More:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Church of England announces £100m fund after slavery linksIt is 'time to take action to address our shameful past,' says the Archbishop of Canterbury.
Read more »
Church of England apologises for slaveryThe Church Commissioner's findings trace back to Queen Anne’s Bounty Act of 1704
Read more »
Benedict's death pitches Pope Francis into new battle for soul of the Catholic ChurchBenedict's death pitches Pope Francis into new battle for soul of the Catholic Church 👉 Hard-liners have been undermining Francis since the day he took over from traditionalist Benedict XVI in 2013
Read more »