Church of England pressed for stance on fracking

First it was payday lending; now fracking.

In July, the Church of England acknowledged and regretted investing millions of pounds in a company that financially backs England’s leading payday lending company, Wonga. The company charges exorbitantly high percentage rates for loans that usually target the poor.

Now the church is under fire for taking an interest in fracking. Not a trivial matter since the church has an investment portfolio of close to £6 billion.