PM plans debt re-set for Commonwealth nations as slavery apology talks begin
Summary
UK Prime Minister Andy Burnham will discuss a possible formal apology for the slave trade with Commonwealth leaders at a summit in Antigua. The UK says it will not make financial reparations, while Burnham plans a debt reset to help Commonwealth countries facing rising interest costs.Key Facts
- Representatives from 56 Commonwealth countries are meeting in Antigua.
- Burnham is expected to discuss a possible UK apology for the slave trade, which the government may issue next year.
- Foreign Secretary Ed Miliband said the government is open to a formal apology but does not support financial reparations.
- The UK plans a debt reset to support Commonwealth countries facing high debt-interest costs.
- Conservative leader Kemi Badenoch opposes an apology, arguing it could lead to demands for compensation.
- The UK will lead two task forces on critical minerals and supply chains, and on trade and investment.
- The task forces are due to be established by the end of the year and report at the next Commonwealth leaders’ summit.
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