In 1833, Britain abolished slavery by paying £20 million in compensation to slave owners, and subsequently spent decades deploying the Royal Navy globally to intercept slave ships and liberate approximately 150,000 people. The massive £20 million debt used to compensate slave owners was consolidated into permanent government bonds and serviced by generations of British taxpayersContinue reading “Paid The Masters, Policed The Oceans”
Tag Archives: Barclays
Cyber Attacks Threaten British Businesses
A survey has found that British businesses fear hackers could wipe them out following the devastating cyberattack on Marks & Spencer. Two-thirds of security leaders at medium and large-sized companies in the UK admit an attack on a similar scale could ‘cripple’ their organisation. Experts have warned that the financial damage from ransom demands andContinue reading “Cyber Attacks Threaten British Businesses”
British Banks Are Disappearing From The High Street
Another 40 bank branches are to be lost from the UK’s high street, as Lloyds and Halifax announce more closures. Lloyds Banking Group, which owns both high street banks, is to close 18 Halifax sites and 22 Lloyds branches, all but one of which are in England, between April and June this year. The groupContinue reading “British Banks Are Disappearing From The High Street”
