UK firms urged to examine slavery links and 'eradicate racism'
source: The Guardian
published: 18 June 2020
Business groups have told companies they should examine their role in history after two big firms said they intended to make financial donations to minority communities in reparation for their role in the slave trade.
Pub chain and brewer Greene King and insurance marketing group Lloyd’s of London both said they would make donations, amid intense scrutiny on the legacy of slavery in the UK and the continued effects of racism.
Some of the UK’s most recognisable business names have said they are considering their historic links to the slave trade, including banks such as Barclays, Royal Bank of Scotland, HSBC, Lloyds Banking Group and the private bank Arbuthnot Latham.
RBS also said a newly founded taskforce would consider making donations to charitable groups in black, Asian and minority ethnic communities.
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