US EditionUK's Richest 10% Extracted Half Of Wealth From India During Colonialism: Oxfam
- Oxfam International reported that the UK extracted $64.82 trillion from India between 1765 and 1900, with over half going to the richest 10% in the UK.
- The report highlights that many wealthy individuals in the UK trace their wealth back to slavery and colonialism, particularly compensation to enslavers after abolition.
- The findings were released during the World Economic Forum in Davos, emphasizing that colonialism has created deep inequalities that persist today.
- The report calls for reparations to those affected by colonialism and highlights the ongoing exploitation in global supply chains, especially in the Global South.
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Oxfam accused of 'weaponising history' as it claims Britain 'owes £52trillion in reparations to India'
Oxfam has sparked fierce criticism from leading Oxbridge academics after publishing a report claiming Britain owes India £52trillion in colonial-era reparations
·London, United Kingdom
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How UK’s top 10% benefited the most from colonial India’s wealth
Between 1765 and 1900, the British Empire took $64.82 trillion from India during colonialism, a recent Oxfam report has found. Of this, more than 52 per cent of the wealth ended up in the hands of the UK’s richest 10 per cent
·Mumbai, India
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UK's richest 10% took half of colonial India's extracted wealth, ‘enough to carpet London’s surface 4 times'
Rights group Oxfam's latest report released on Monday said that the UK extracted $64.82 trillion from colonial India between 1765 and 1900, and the richest 10 per cent of Britons earned $33.8 trillion of this.
·New Delhi, India
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R 64%
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