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Wonga embarrassment

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Ethical investment is nothing new but as the Wonga embarrassment demonstrates, it remains an alien concept within the Church of England.

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As somehow who identifies as an Anglican it is deeply embarrassing that church as £5.5 billion invested in company's. Especially as jesus did talk about it being easier for a camel to pass through the eye if an needle than a rich man get into heaven. It's also a shame as this will overshadow Justin Welby's very noble announcement about the Church tackling the legal loan sharks who exploit the poor.

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I never knew this was the case. That is truly shocking .. do you have a good link you can share ?

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Hardly shocking when organised religion is all about power and money

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@....................

Edited by kingdom

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The problem is the church and other organisations give there money to investment banks who only care about maximum profit. Unfortunately there's no ethics involved.

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