1800-1859 | Slavery

Abolition Act – Biggest pay-out in British history for slave owners

1 August 1833 On 1 August 1833, the Slavery Abolition Act finally passed the House of Lords, authorising a handout of some £20 million to the slave owners. The sum would be equivalent to either £17 billion or £100 billion in 2017 terms, depending on whether it is measured by changes in wages or GDP. …