Conservatives 'Do Good'
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Christians The latest INSIDE caring for arts and God’s media creation, reviewed, p10 p11 THE FRIDAY, OCTOBER 4, 2013 No: 6197 www.churchnewspaper.com PRICE £1.35 1,70j US$2.20 CHURCH OF ENGLAND THE ORIGINAL CHURCH NEWSPAPER ESTABLISHED IN 1828 NEWSPAPER Commissioners take over Bank By Amaris Cole The board of RBS announced in the sum- invest in an exciting opportunity for the RBS chief, Stephen Hester, to account last mer they would favour the bid of this con- benefit of the serving and retired clergy, year, for failing to explain the Bank’s ‘duty The Church Commissioners are part of sortium, which includes the Corsair Capital bishops, cathedrals and the wide work of to society’, in relation to lending. a consortium of investors taking over investment fund, Centerbridge Partners the Church of England throughout the The Most Rev Justin Welby’s ‘war on 314 Royal Bank of Scotland branches and the Commissioners, with a focus on country especially in areas of need and Wonga’ and desire to see the finance indus- across the UK, now holding a 10 per ‘ethical standards and servicing the needs opportunity.” try become more socially responsible was cent stake in the bank. of retail and SME customers’. One way in which the Commissioners believed by some to be the motivation RBS was ordered to sell the portfolio of Lord Davies, former Labour minister and hope to influence the ethics of the bank is behind this bid, but those close to the deal high street banks by the European compe- boss of Standard Chartered, lined up the through bonuses. say the Archbishop was not involved in the tition authorities in 2008 after receiving group, which competed against other bid- Speaking on Radio 4’s Today Pro- initial decision to enter the consortium and £45.5bn in state aid, which left taxpayers ders for the branches. gramme, Mr Brown gave assurances that obtain these RBS stores. with an 81 per cent stake. The new bank, resurrecting the name bonuses of the bank’s employees would be Bruce Van Saun, RBS group finance The consortium paid £330m, and was Williams and Glyn (W&G), will be a ‘vigor- negotiated with the Church’s Ethical director, said that the deal was a ‘very com- backed up by a £270m loan from RBS. ous challenger in UK business and retail Investment Advisory Group. petitive process’, showing ‘Williams & Glyn Andreas Whittam Smith, First Estates banking sector with a projected five per The other members of the consortium is a viable and attractive business which Commissioner, said: “The Church Com- cent market share of the small and medium have agreed to this term. will be positioned as a strong, customer- missioners are excited to have the opportu- sized enterprise (SME) and mid-corporate The Church Commissioners spoke about focused challengeR bank’. nity to be involved in creating a UK banking markets, and a two per cent share their decision to bid during July’s General Santander UK were originally set to pro- challenger bank operating to the highest of UK personal current accounts’, the Com- Synod. cure the portfolio of branches, but with- ethical standards and giving consumers missoners claimed in a statement last They currently manage an investment drew their bid, dubbed Project Rainbow, in more choice. week. fund of £5.5bn, held mainly in a diversified October 2012 after a series of IT failures by “We are delighted that the Royal Bank of Andrew Brown, Secretary to the Church portfolio including equities, real estate and RBS. Scotland recognised the strengths of our Commissioners, said: “This is a great alternative investment strategies. The successful bid allows RBS to benefit bid and the consortium’s vision.” opportunity for the Commissioners to The Archbishop of Canterbury called the if bank valuations improve. Conservatives ‘do good’ as Conference opens CHRISTIANS FROM service was one of the largest said in a statement issued tem and increases set below across Greater Manchester fringe events that took place before the service. the level of inflation. joined members of the at the Party Conference and “The CCF does a terrific job “As Christians we have the Conservative Party for that many looked forward to in bringing the Christian com- privilege to pray for those in their Conference Service attending. munity and our Party togeth- government both national on Monday evening. The “I am extremely impressed er and I am sure that the and local, conscious of the theme of the service was by the impact churches and service is going to be a truly weight of responsibility they ‘Greater Hope, Greater Christian organisations from enjoyable and memorable hold,” he said in a statement. Love, Greater Manches- across the different denomi- evening.” “We also need to hold our ter’. nations are making in Greater The Bishop of Bolton, the politicians to account to The service was organised ManchesteR through a variety Rt Rev Chris Edmondson, ensure that the policies they by the Conservative Christian of initiatives and I value the who took part in the service, promote contribute to human Fellowship (CCF). The Prime extraordinary efforts the CCF is among those who have crit- flourishing for all, especially Minister, David Cameron, and their partners have made icised the Government foR the most vulnerable and the said that the annual church to host this celebration,” he changes to the benefits sys- marginalised.” JAMES CATFORD 6 • COMMENT 6 • LETTERS 8 • ANDREW CAREY 9 • ANGLICAN LIFE 13 • CLERGY MOVES 14 • PAUL RICHARDSON 20 2 www.churchnewspaper.com Friday October 4, 2013 News Inside... The original Church newspaper Mr Speaker hails News . .1-5 Your Church . .2 UK News . .1-4 World News . .5 Comment Leader . .6 new Church school James Catford . .6 Letters . .8 By Amaris Cole Andrew Carey . .9 Whispering Gallery . .9 THE SPEAKER of the House of Commons opened a Animal welfare . .10 special free school last week, a partner of a celebrated Books . .11 London Church of England school. Arts and Media . .11 The St Marylebone C of E Bridge School was opened due Janey Lee Grace . .12 to the ‘multicultural ethnic and polylinguistic community, in Crossword . .12 which speech language and communication needs are accentuated’, the Governors say. The Record The Speaker, John Bercow, had particular interest in this Classifieds . .13 opening, after discovering his own son, Oliver, had speech, Anglican Life . .13 language and communication issues at the age of three. Clergy Moves . .14 Being able to communicate through gesticulation only, Mr Spiritual Director . .15 Speaker said his family received help from the Westminster Sunday Service . .15 education authority, which has supported this new school, Alan Edwards . .15 but that in other areas, ‘you often have to battle’. Paul Richardson . .16 His personal interest led to the then Labour government People . .16 to commission The Bercow Report, released in July 2008, ‘A Milestones . .16 review of services for children and young people with Next week’s news . .16 speech, language and communication needs’. In his speech at the opening of Bridge School, which will cater for the children with the Special Education Needs examined in the report, Mr Speaker said the transfer from primary level to secondary level often saw children with these difficulties left to ‘sink or swim’. Online this week The specialist centre, which has admitted 12 pupils into Year 7 this year, was described as an ‘excellent and innova- tive new venture’ by the Speaker, who said he will inform the Hope: Education Secretary, Michael Gove MP, of its successful start. New resources to build youth Partners of the Bridge School, St Marylebone CE Girls work in your parish School, are also celebrating outstanding GCSE results, which place them joint first in England for the 55 schools in their category, Women bishops The school was top of the charts for 2012 GCSE results in a report by DFE published early in September, achieving 92 will dominate November’s per cent of 5+ A*-C GCSEs (or equivalent) including English General Synod, with the new and Maths GCSE. legislation due to gain First Consideration. Read the full story online Church News from Oliver Barclay Your your diocese remembered Derby: On Sunday 29 September the Bish- ties anywhere in the world who are subject- a new Church of England School in Hamp- op of Derby presented his “Bishop’s Badge” ed to violence because of their faith. Some ton. St Mary’s Hampton Primary School at two services to people in the community Muslim leaders were also present as an opened to 30 children. The Bishop presided who have shown an outstanding contribu- expression of their ongoing support for the over a service before unveiling a large tion to their community or church. A total of Pakistani Christian community. Since Sun- watercolour painting by local artist Trudi 123 people from all over Derbyshire had day there has been a designated prayer area Murray. To mark the birth of the school been nominated to receive the Badge and in the south transept that will remain open family, Richard Chartres joined the school’s some were introduced in a video published until Remembrance Sunday on 10 Novem- recently appointed Headteacher Catherine on the diocesan website www.derby.angli- ber. Dean of Bradford, the Very Rev Jerry Davis in cutting a cake, which was then can.org. The Bishop of Derby, the Rt Rev Dr Lepine, said: “The bomb attack killed at shared with the guests, staff and children. St Alastair Redfern, said: “The Bishop’s Badge least 80 people and is said to be the biggest Mary’s Hampton School has been the result “Oliver Barclay relished above all is an important event each year for the Dio- attack on Pakistan’s Christian community in of a successful joint tender between St the things of our Lord and cese.