High-profile financiers, among them Sir Paul Marshall, have lent significant support to opposition against the Church of England’s initiative to allocate £100 million toward reparations for its historical involvement in the slave trade.
Nigel Biggar, a longstanding adversary of slavery reparations movements, dismissed the Church’s plan as “virtue signalling.” He characterized the advocates as part of an elite class attempting to project progressive values rather than engaging in substantive moral reckoning.
The controversy highlights a deepening divide over how religious institutions should address their historical complicity in systemic oppression. While the Church of England has moved forward with its compensation strategy, critics argue the move is performative. The debate continues to attract attention from influential figures in British finance and media who are challenging the legitimacy and necessity of such funds.
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