Tag Archives: archbishop

Credit unions not a substitute for regulation of payday lenders

Andrew Lilico of Europe Economics has an article in today’s Telegraph with which I at once agree and disagree. I join his affirmation of the Church of England’s proposed move to more proactively support credit unions like London Mutual Credit Union. This can provide a more ethical alternative to payday lenders and their exploitative interest rates. However, […]

From the (Arch)Bishop’s mouth: What has Justin Welby said about the economy and financial system?

Our new Archbishop of Canterbury, Justin Welby, will take office at a time when chronic problems with the economy and financial system are high on the agenda. So I am encouraged that he speaks regularly to these issues with a measure of technical insight as well as spiritual wisdom. In a previous post I suggested […]

Distinguishing the weeds from the wheat in financial services

Today, Justin Welby was announced as the new Archbishop of Canterbury. So I thought it high time to take a look at some of his sermons and writings while Bishop of Durham. Top of his recent sermon list was a speech that he recently gave to a conference of financiers in Zurich “about the issues facing […]