Church of England 'took a year' to sever Wonga ties

ITV News Consumer Editor Chris Choi reports:

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The Archbishop says Church of England has sold its shares in Wonga - which means it's taken a year to do so since the link was first exposed

Read: Church of England severs ties with payday lending firm Wonga

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Wonga name new chairman after fake letter scandal

The new chairman of payday lender Wonga - Andy Haste - has pledged "significant change" after the firm "made mistakes" in sending out letters from fake lawyers to customers in arrears.