A statement released by the Church of England said it was "pleased to announce" its indirect investment exposure to Wonga in its venture capital portfolio has been removed.
The Church Commissioners for England are pleased to announce that their indirect investment exposure to Wonga in their venture capital portfolio has been removed. The Church Commissioners no longer have any financial or any other interest in Wonga.
The terms ensure that the Church Commissioners have not made any profit from their investment exposure to Wonga.
At no time have the Commissioners invested directly in Wonga or in other pay day lenders. The indirect exposure of the Commissioners through pooled funds represented considerably less than 0.01% of the value of Wonga.
More top news
The Cancer Drugs Fund, which cost £1.27 billion, didn't deliver "meaningful value" to patients - and even put some at risk of side effects.
Vauxhall showed a "reckless disregard for safety" by not stopping motorists driving Zafira B vehicles despite knowing they were a fire risk.
Police say they have rescued a woman kept captive in a pit in a shed by a neighbour with mental health issues.