Wonga No Longer for Church of England

It's up there with some of most embarrassing sagas for the Church of England. First it preached about the perils of using payday lenders like Wonga. Then it emerged the church had invested around £75,000 in the firm, albeit indirectly. Now, the Church says it's broken off all ties with the high-interest internet lender. But some question why they ever got involved with them in the first place. Joe Rundle is from ETX Capital.

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