The Church of England's financial imbalance - why not priests in parishes?
The Bishop of Truro, the Rt Rev Philip Mounstephen is pushing forward with controversial and unpopular plans for radical change in the Church of England in Cornwall - due, he says, to falling congregations and income. But a recent article on Psephizo explains that there is, in fact, a lot of money around. The Church Commissioners made remarkable returns on their investments last year - and their charitable aims centre on supporting the growth of churches and ministry. So just what is going on? A summary below - click here to read The Church of England’s financial imbalance on Psephizo . "The Church Commissioners have published their investment result from 2022 along with their annual report for the year, and both can be found online here. The investment results are quite remarkable. Although the headline return last year was only 5.0% last year (compared with 13.3% in 2021), which means a real-terms reduction in the value of their assets during a year when inflation avera