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In January last year, the Church Commissioners, who run the Church of England’s investments, published a report into one of their main predecessors, Queen Anne’s Bounty. The report said the Bounty had invested the rough equivalent of £440 million today in the slave trade, via the South Sea Company, between 1720 and 1740.
The Church of England is yet to set up a promised £100 million slavery reparations fund a year after announcing it was “time to take action to address our shameful past”.