Friday, 26 July 2013

#news I don't really understand the Archbishop of Canterbury's view about Wonga

Okay he made a mistake by not knowing that the Church of England has an investment in Wonga via their holding company. He should have known or been told prior to making his announcement but he didn't and he wasn't - these things happen.
But what really surprises me is his statement today on the matter:
They (meaning the C of E) shouldn't be investing in Wonga. We don't think that's a good thing.
A bit mild considering that Wonga and it's business ethic is surely usury in anyone's books. Unless, of course, with the Church of England's now more relaxed attitude to homosexuality, standards regarding the teachings of the Bible are going to be allowed to slip altogether.

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