Guest World News Posted July 11, 2014 Share Posted July 11, 2014 [attach=full]15028[/attach]The Church of England has sold an indirect investment in payday lender Wonga, severing an embarrassing tie with the firm it accused of exploiting the poor, the Church said Thursday. Last year it emerged that the Church's financial arm had indirectly backed the company through pooled funds, shortly after Archbishop of Canterbury Justin Welby criticised Wonga and other high-interest lenders. "The Church Commissioners no longer have any financial or any other interest in Wonga," the Church's financial arm said in a statement. Continue reading... Quote Link to comment Share on other sites More sharing options...
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