
Church Of England sets Up $120m Fund After Slavery Apology
Prashant Trivedi
0 min
News
Description
The Church of England says it will spend £100m over the next nine years on communities affected by historic slavery. <br />The announcement comes after the Archbishop of Canterbury apologized last year, following research that showed that the Church of England's investment fund had links to the slave trade. <br />The Church of England says the £100m would be in a new investment fund that would hopefully "grow over time, reinvesting returns to enable it to have a positive legacy that will exist in perpetuity. <br />The fund, known in the 18th Century as Queen Anne's Bounty, had developed into a £10.1bn investment trust.
Episodes
1
Church Of England sets Up $120m Fund After Slavery Apology
Prashant Trivedi