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Slave-trade wealth was embedded in Britain’s financial system, research finds

Dozens of Bank of England directors and founding subscribers invested in trafficking of enslaved Africans The Bank of England and the British financial system were for centuries deeply involved in the enslavement and transatlantic trafficking of millions of African people, according to new research on Britain’s slavery history. Research by historians compiling the Register of British Slave Traders has found that the scale of the financial system’s involvement in enslavement is greater than previously known or acknowledged. The Bank of England, the central bank owned by the government since nationalisation by Clement Attlee’s Labour administration in 1946, had dozens of financiers involved in its foundation who were also significant investors in the transatlantic trafficking of enslaved Africans. Continue reading...

The GuardianThe Guardian•David Conn Investigations correspondent16 Sept

Revealed: the UK towns with the fewest jobs for young people

Rotherham has 46 online vacancies for every 1,000 young people but there are 288 in Cotswold district council area Young people in Rotherham face a local jobs market with the fewest suitable opportunities in Britain, according to a report that warns stark regional divisions are fuelling a crisis in youth work. As ministers push to combat rising youth unemployment, the analysis from the Institute for Public Policy Research (IPPR) showed young people faced a tougher challenge in some parts of the country to find work than in others. Continue reading...

The GuardianThe Guardian•Richard Partington Senior economics correspondent16 Sept

To understand the threat to our real democracy, watch Putin's fake one | Rafael Behr

As Russians vote this weekend, remember that Britain is not immune to the cynical tactics and corrosion of trust that keep him in power Millions of people will participate in elections in Russia this weekend and a new parliament will be chosen, but not necessarily in that order. The purpose of the exercise is to maintain Vladimir Putin’s authority over the political process, which means United Russia, the president’s party, will retain control of the Duma. That much is settled before the polls open, although the scale of the government’s victory won’t be declared until the votes are counted. A portion of seats is available for other “systemic parties” that function as Kremlin licensed-opposition, padding out the pretence of pluralism. They serve as a pressure valves for public frustration and parliamentary proxies when rival factions within the ruling elite want to nudge Kremlin policy in one direction or another. Rafael Behr is a Guardian columnist Continue reading...

The GuardianThe Guardian•Rafael Behr16 Sept

Danny Boyle Dodges AI Question About ‘Ink’ at TIFF: ‘I Don’t Think We’ll Need to Go Into That’

On Tuesday afternoon, Danny Boyle’s “Ink,” about the rise of U.K. tabloid The Sun under owner Rupert Murdoch (a cheeky Guy Pearce) and editor Larry Lamb (Jack O’Connell, swaggering), made its Canadian debut at the Toronto International Film Festival. As our critic wrote, it’s “a propulsive, can’t-look-away account” of the rise of the U.K.’s most […]

VarietyVariety•Marlow Stern15 Sept

People from ethnic groups feel racial equality is worsening, UK study shows

Nearly half of ethnic minority respondents in a poll say they have faced prejudice over the past year Many Britons feel inequality is worsening and that discrimination has become more common, according to a thinktank study. The report by British Future has found that people across ethnic groups believe racial equality is worsening in Britain. One in six people are from ethnic minority backgrounds. Continue reading...

The GuardianThe Guardian•Geneva Abdul15 Sept

John Healey in talks with Canada about UK joining new global defence bank

Exclusive: Britain is understood to have been formally invited to become founding member of multilateral lender John Healey is in talks with the Canadian government about joining a new global defence bank intended to help allies rearm to counter mounting security threats, just weeks after Rachel Reeves rejected the move. The chancellor is understood to be actively considering a bid to join the proposed Canada-led defence, security and resilience bank (DSRB), which proponents say could help the UK fund defence projects at lower cost, before planned talks with his Canadian counterpart this week. Continue reading...

The GuardianThe Guardian•Pippa Crerar Political editor15 Sept

Leading legal experts say sanctions on Israel ‘fall far short’ of UK obligations

More than 130 counsels and KCs sign letter to PM saying international law requires further measures to stop illegal settlements More than 130 legal experts, including 18 king’s counsel (KCs), have written to Andy Burnham saying that sanctions on Israeli settlements “fall far short” of Britain’s obligations under the International Court of Justice’s (ICJ’s) finding that the occupation is unlawful. The foreign secretary, Ed Miliband last week announced an import ban on goods from illegal Israeli settlements in Palestine and other measures. Signatories to the letter to the prime minister, including the leading lawyers, Michael Mansfield KC and Imran Khan KC, and the former lord justice of appeal, Alan Moses, say it is not enough. Continue reading...

The GuardianThe Guardian•Haroon Siddique Legal affairs correspondent15 Sept

UK Oil and Gas Group Says Earlier Tax Shift Could Raise £14.9 Billion

A new fiscal regime in the UK from 2027 could deliver an additional £14.9 billion, or $20 billion, to Britain’s revenues, the leading offshore industry group said in its annual Economic Report, calling on the Burnham government to bring forward the tax change planned for 2030. Offshore Energies UK (OEUK) wants the Oil and Gas Revenue Levy, a price-triggered mechanism planned to replace the current Energy Profits Levy from 2030, to be introduced from January 2027. The UK tax regime has changed several times since 2022 by both Conservative…

OilPrice.comOilPrice.com•Tsvetana Paraskova15 Sept

Peter Llewellyn-Jones obituary

Pioneer in the teaching of British Sign Language who devoted himself to improving accessibility and opportunity for deaf people Peter Llewellyn-Jones, who has died aged 76, was an interpreter and teacher who helped to establish sign language interpreting as a recognised profession in Britain. Throughout his working life, alongside employment as an actor and writer, he devoted himself to improving accessibility and opportunity for deaf people. He became a pioneer in the teaching of British Sign Language interpreting and linguistics, and wrote the UK’s first undergraduate degree course in the subject, for the University of Wolverhampton in 1992. Peter was also instrumental in developing sign-language interpreting for British television and in bringing it on to the stage; starting in the early 1980s, he worked on 600 professional theatre productions across the UK. Continue reading...

The GuardianThe Guardian•Gary Tippings15 Sept

Scrap windfall tax on oil and gas firms early, North Sea industry urges

Labour should replace levy in 2027 rather than 2030 as energy bills are poised to surge over the winter, says lobby group The North Sea oil and gas industry has called on Labour to scrap the windfall tax on fossil fuel firms three years early, as Britain heads into a winter with energy bills expected to reach their highest level since Russia’s invasion of Ukraine. Offshore Energies UK (OEUK), the industry’s trade body, wants the tax replaced in 2027, rather than in 2030, with a narrower levy that only applies during price spikes. Continue reading...

The GuardianThe Guardian•Alex Daniel15 Sept