Cathedral assets vary so widely that the richest cathedral holds 70 times more than the poorest, figures published in a written answer to a question at last month’s meeting of the General Synod have shown.
The Bishop of Sheffield, Dr Pete Wilcox, who chairs the Mutuality and Transparency in Finances Group, had asked what account the Church Commissioners had taken of the disparity; and the Dean of Peterborough, the Very Revd Chris Dalliston, had wanted to know what use would be made of the figures in supporting cathedrals in the financial challenges that they faced.
The figures date from 2020. Norwich topped the league table, with net assets of £73.5 million. Salisbury was the next highest, at £62.5 million, closely followed by Durham and Canterbury at 62.3 and 62.2 respectively. Lincoln (57.6), York Minster (50.7), Winchester (49.7), St Paul’s (42.4), Chichester (38.0), and Lichfield (32.7) completed the top ten.
"All parts, all communities of the nation should have an equal access to the mission and ministry of the Church of England, including stipendiary ordained ministry, and that must mean an equal access to financial provision for how we get there." https://t.co/68igkkdZfM
— Church Times (@ChurchTimes) December 5, 2023