(Christian Today) Church of England investment bonanza boosts expansion hopes

The Church of England has achieved growth on its investments far above inflation, meaning it has enough funds to finance ambitious plans for expansion by paying for dozens and possibly hundreds more clergy across the nation.

The profits in 2014 mean that the Church Commissioners have more than made up the disastrous losses of the late 1980s and 1990s and that here is enough cash to pay for the growth vision of the Archbishop of Canterbury Justin Welby.

The portfolio is now worth a record £6.7 billion, meaning plans approved by the General Synod to release an extra £100 million to pay for more clergy can be easily afforded.

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