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Archbishop embarrassed over church investment, general strike in Tunisia and Halliburton to admit guilt–our pick of the morning's headlines

By Prospect Team  

Following the archbishop of Canterbury Justin Welby’s announcement that he wants the Church of England to help non-profit credit unions to compete with payday loan company Wonga, it has emerged that the Church invested over £1m in one of the controversial lender’s main financial backers.

A spokesman for Lambeth Palace, the archbishop’s official residence, was forced to admit that the Church’s £5bn pension fund holds an investment in Accel Partners, an American venture capital firm that happens to be one of…

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