The Church Times has a news article by Ed Beavan headed C of E in ‘ticklish’ position over its Murdoch shares.
During Church Commissioners’ questions, however, the First Church Estates Commissioner, Andreas Whittam Smith, admitted that premature sale of the shares would be “very bad”. It was “a ticklish area”.
The EIAG had been quick to consult James and Rupert Murdoch, he said, but the situation “won’t be easy, and I won’t volunteer to be part of the team”. Mr Whittam Smith was founding editor of The Independent.
The statement issued earlier by the Ethical Investment Advisory Group is available here.
Other churches also have embarrassments. The Tablet has two items about the links between James Murdoch and the recent papal visit, but neither is available online. However, Riazat Butt reported some of it in her article for the Guardian James Murdoch’s six-figure gift to UK papal visit.
A shorter version of the comments by Catherine Pepinster who is Editor of The Tablet is available here.
At Ekklesia Simon Barrow has some reflections on all this, see Church investments in the spotlight again.
This tidbit from the Church Times article:
The Archbishop of Canterbury’s spokeswoman said that it was unlikely that Dr Williams was a victim of phone-hacking. Dr Williams does not own a mobile phone.