-
Barclays 'let down society' says Church of England
The Church of England has criticised the conduct of Barclays in its annual report, after a year dogged by scandal and resignations at the bank. The church, which holds a small stake in Barclays, said the bank had "repeatedly let down society with its conduct" during 2012. It said it was now looking for a "fundamental turnaround in culture" at Barclays, which declined to comment. The Church of England has more than £5bn invested in the stock market. Some of its largest shareholdings are in oil giants Royal Dutch Shell and BP, miners BHP Billiton and Rio Tinto, and pharmaceutical firms AstraZeneca and GlaxoSmithKline. The church operates an ethical investment policy, under which it says it seeks to avoid activities "that are materially inconsistent with Christian values".....Read more hereYou must be logged in to post a comment.
- Hi & Welcome to the AAD Consumer Forum
We're a FREE consumer debt and legal forum offering help, support and debate in many areas of day-to-day life. You will need to Register a Free Account before you can join in with the discussion and contribute with your own posts. Remember to also check out the FAQ's so you can get to grips with how the forum works ready to start posting your new topics. Read about the new GDPR 2018 Rules and how it affects you as a member of AAD.
Tweet