Methodist Church to join Churches Mutual Credit Union
The Methodist Church in Britain has agreed to become a partner to the Churches Mutual Credit Union (CMCU), which has so far been endorsed by the Church of England and the Church of Scotland. See Methodist Council paper on CMCU (PDF)
Former Chief Executive of FSA to chair C of E task group on credit unions
A task group to develop the Church of England’s on-going support for local credit unions will be chaired by Sir Hector Sants, former Chief Executive of the Financial Services Authority (FSA) and Head of Compliance and regulatory affairs for Barclays Bank.
Scottish environment minister’s support for land reform welcomed
Rev Sally Foster Fulton, Convener of the Church of Scotland’s Church and Society Council, has welcomed the comments by Scottish Environment Minister, Paul Wheelhouse, calling for a fairer distribution of land in Scotland. “I believe land reform would offer the opportunity for many more communities to benefit from renewable energy developments and help reduce fuel poverty”, commented Sally Foster Fulton.
Fuel Poverty Puts Children’s Health at Risk
Archbishop of York says it is ‘a scandal’ that more than three million families are likely to cut back on food so they can pay their energy bills this winter, according to a Children’s Society survey.
Financial Conduct Authority (FCA) to act on Payday Loans
Following Church Action on Poverty’s Autumn campaign on payday lenders, it has received a response from the FCA detailing new rules to be introduced for payday lenders and short-term loans.