Church of England's link to Wonga

The Church of England has called for an investigation into its own pension fund after The Financial Times revealed it had links to pay-day lender Wonga. It comes as the Archbishop of Canterbury, and former Bishop of Durham, Most Rev Justin Welby, said he wants to take on pay-day lenders.

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Wonga embarrassment for Welby

The Archbishop of Canterbury told Wonga the Church of England wants to "compete" it out of existence. It was then revealed the two are linked.