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([London] Times) Archbishop plans to drive out moneylenders

Posted on October 1, 2013 by Kendall Harmon

The Archbishop of Canterbury, Justin Welby, is preparing a “ten-year plan” to put payday lenders such as Wonga out of business.

A Church of England task force will, in collaboration with the Church of Scotland, make church buildings available to credit unions and recruit expert churchgoers as volunteers to help to run them. A leading financier is to meet the archbishop this week on whether he would lead the task force, which will include academics who, it is hoped, will produce a radical new theology of finance.

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Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, * Religion News & Commentary, --Justin Welby, Anglican Provinces, Archbishop of Canterbury, Church of England (CoE), Consumer/consumer spending, Economy, Ecumenical Relations, England / UK, Ethics / Moral Theology, Other Churches, Personal Finance, Presbyterian, Religion & Culture, Scotland, The Banking System/Sector, Theology