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The Archbishop and the rug

The other day I posted about the Archbishop of Canterbury's crusade against payday loan companies like Wonga and others. He received much praise from the media and even from that bloke at the head of the National Secular Society (least I think it was praise when I heard him doing a rent-a-quote on the radio).

However it seems that someone has whispered in Justin Welby's ear that the dear old Church of England actually invested in the creation of Wonga. He must feel that he's had the rug pulled from under him.

Oh dear!

Does raise a question with me on church structure though. Should the church be dancing with mammon or set up in such a way that the church can give it a sound thrashing? For the future methinks.

Authored by Chris Hall
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Comments

  1. Steve Hayes27 July 2013 at 13:38

    No doubt a disinvestment will be in order!

    ReplyDelete
  2. Chris Hall27 July 2013 at 13:55

    It would be but I think that the investment was in the creation of Wonga rather than a continuing interest. Given the abysmal record of the Church Commissioners going back a decade or two you'd think they'd be a bit more astute.

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