Excellent news. Putting their money where their mouth is. Unfortunate then that I have today moved my bank account to the Nationwide because of ongoing concerns about the seemingly ethically compromised future of the Co-op.
Should it not be 'Welby & Glyns' bank rather than 'Williams & Glyns'?
"Should it not be 'Welby & Glyns' bank rather than 'Williams & Glyns'?" Graham Kings
I'm sending that to Private Eye's OBN.
Last Sunday's Gospel has a word that might be considered appropriate in these circumstances:
"And so I tell you this, use money, tainted as it is, to win you friends, and thus make sure that when it fails you, they will welcome you into the tents of eternity........" - Luke 16:9-13
This is excellent, and a small enough investment not to be an excessive risk.
Good to see the Church Commissioners making a practical difference visible to the wider society.
What do the ethical investment puritans say about banks?
I would say, Fr. Ron, that, as long as you can be absolutely certain *you* are strong enough not to be tainted by the money, that's just fine.
I've just never known any person, community, still less any organization, that isn't completely overwhelmed by its corrupting ability once it's given an "in."
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