May 16, 2016

Church of England invests in Google despite criticism of its tax record (The Church makes more money than Starbucks or McDonald's: Income of £1.41bn tops fast food giant's earnings of £1.37bn - and three times higher than the coffee chain. Thats nothing compare to Vatican Bank, officially titled the Institute for the Works of Religion, manages €5.9bn ($7.3bn, £4.64bn) of assets on behalf of its 17,400 customers. Another titbit to emerge is that it keeps gold reserves worth over $20m with the US Federal Reserve ...) May 16, 2016 CET


Church of England reveals huge investment in Google

RT - ‎1 hour ago‎
The Church of England (CoE) is investing millions of pounds in tech giant Google despite its promises to confront the firm over accusations of tax avoidance. Read more. © Peter Power MPs concerned over 'secretive' Google tax deal. According to the ...

Church of England invests in Google despite criticism of its tax record

Telegraph.co.uk - ‎9 hours ago‎
The Church of England is facing questions over a continued multimillion pound investment in Google, despite criticising companies accused of avoiding tax. In its latest annual report, the Church's financial arm, the Church Commissioners, which manages ...

Millions of pounds put into Google by Church

The Times (subscription) - ‎12 hours ago‎
The Church of England is investing millions of pounds in Google despite its promise to confront companies that are accused of tax avoidance. The church also paid one of its executive commissioners £463,000 last year, almost six times the Archbishop of ...

Church of England sells investments fearing market slowdown

The Guardian - ‎12 hours ago‎
Last year the C of E's investment fund achieved an 8.2% return, a fall on previous years. Photograph: WiSpire. Katie Allen. Sunday 15 May 2016 19.01 EDT. Share on Facebook · Share on Twitter · Share via Email · Share on Pinterest · Share on LinkedIn ...

Church Commissioners fund grows to £7bn

Civil Society Media - ‎46 minutes ago‎
The Church Commissioners, the charity investment arm of the Church of England, has today announced a return on investments of 8.2 per cent in 2015, resulting in the fund being worth £7bn. Its annual accounts show that the total return on investments in ...

The Church of England has sold £250m of equities amid market slowdown fears

International Business Times UK - ‎1 hour ago‎
The Church of England (C of E) revealed that it sold £250m (€316.91m, $358.79m) worth of equities, which is about 6% of its total equity portfolio in March 2016. The Christian church in UK, which is also the mother church of the worldwide Anglican ...

Church makes massive 8.2% return on investments

Premier - ‎5 hours ago‎
The Church of England made a return of 8.2% on its billions of pounds of investments last year. That well exceeds the 2% target set by the Church Commissioners and the fund is now worth £7billion. Over the past 30 years the money the Church has ...