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As a London merchant, Heathcote traded across the world including in Jamaica, North America, India and Russia. His most important trade links were with the Caribbean, acting as an agent on behalf of Jamaica in London.
By the 1690s, he was London’s leading importer from Jamaica and was involved in the slave trade, particularly the selling of enslaved Africans to the Spanish colonies. Because of this, he was a strong opponent of the Royal African Company’s monopoly on this trade and regularly lobbied in Parliament in favour of British colonial interests, particularly in the West Indies.
Bank of England Museum
London
Title
Sir Gilbert Heathcote (1652–1733), One of the Founders of the Bank of England
Medium
oil on canvas
Measurements
H 125 x W 101 cm
Accession number
0244
Acquisition method
presented, 1898
Work type
Painting
Bank of England Museum
Threadneedle Street, London, Greater London EC2R 8AH England
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