The Church of England commits £1 billion to 'Fund for Healing, Repair and Justice' to address its historical involvement in slavery.

The fund is a tenfold increase from previous allocations and aims to support disadvantaged Black communities.

The Archbishop of Canterbury acknowledges the church's 'shameful past' but stops short of agreeing to direct compensation to descendants of the enslaved.

An oversight group urges the church to formally apologize for its historical denial of the humanity of black Africans and attempts to erase African religions.

Bishop of Croydon Rosemarie Mallett views the funding as a 'bold and audacious step' while recognizing that financial efforts cannot fully redress slavery's impact.

The church's initiative is intended to inspire other British institutions with slavery-linked histories to take similar responsibility.