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(BBC) Archbishop Welby criticises City for 'culture of entitlement'

Posted on April 27, 2013 by Kendall Harmon

The City of London has been affected by a “culture of entitlement” at variance with what others think reasonable, the new Archbishop of Canterbury has said.

But the Most Reverend Justin Welby told the BBC business morality was in many ways much better than in the past.

He also defended his description of the UK’s economic situation as a depression rather than a recession.

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Posted in * Anglican - Episcopal, * Economics, Politics, * International News & Commentary, --Justin Welby, Anthropology, Archbishop of Canterbury, Corporations/Corporate Life, Credit Markets, Currency Markets, Economy, England / UK, Ethics / Moral Theology, Stock Market, The Banking System/Sector, Theology