Archbishop of Canterbury blasted for saying rioters no worse than bankers

By
Daily Mail Reporter

Last updated at 1:17 AM on 27th December 2011

Speaking out: The Archbishop of Canterbury, Dr Rowan Williams, arrives at Canterbury Cathedral, Kent ahead of his controversial Christmas address

Speaking out: The Archbishop of Canterbury, Dr Rowan Williams, arrives at Canterbury Cathedral, Kent ahead of his controversial Christmas address

A minister hit out at the Archbishop of Canterbury yesterday for comparing City bankers to the rioters who tore apart Britain’s cities over the summer.

Coalition trade and investment minister Lord Green of Hurstpierpoint, who is also an ordained minister in the Church of England, said bankers had changed their attitudes since the crash of 2008.

His comments come as a growing chorus of leading politicians urge the Archbishop to concentrate on spiritual matters and leave the politics to them.

Dr Rowan Williams raised eyebrows on Sunday by saying the rioters were no worse than the bankers and that ‘bonds of trust’ had broken throughout society.

In his Christmas sermon, he said: ‘Whether it is an urban rioter mindlessly burning down a small shop that serves his community, or a speculator turning his back on the question of who bears the ultimate cost for his acquisitive adventures in the virtual reality of today’s financial world, the picture is of atoms spinning apart in the dark.’ 

But the Government hit back yesterday, with Lord Green saying: ‘I think a lot has changed since 2008 actually, and I think there has been a lot of soul-searching in the financial services industry, quite rightly too.

‘There are clearly a lot of current challenges but at the level we are talking about has there been an attitudinal change? Yes, I think there has.’

Lord Green, a former chairman of HSBC, said the Government would need to remain ‘watchful’ to stop ‘backsliding’ by the City.

Different times: Lord Green, a former chairman at HSBC, said bankers had changed since 2008

Different times: Lord Green, a former chairman at HSBC, said bankers had changed since 2008

But he said it was wrong to single out the financial services industry for criticism.

He said: ‘It is important not to treat banking like some special mysterious art, banking is a business and all businesses face this question – what is your contribution to human welfare and to the common good.’

Intervention: Lord Green of Hurstpierpoint said there had been 'a lot of soul-searching' by City bosses

Intervention: Lord Green of Hurstpierpoint said there had been ‘a lot of soul-searching’ by City bosses

Lord Green’s case was bolstered yesterday by figures from the independent Centre for Economics and Business Research, which showed the City bonus pool has been cut by 40 per cent since the crisis of 2008.

During the last Labour parliament the pool averaged £9billion. Under the Coalition, the average for the last two years has been £5.5billion. The average bonus paid has gone from £9,053 to £5,465.

Lord Green’s intervention pitches the Coalition into a fresh conflict with the Church of England.

It comes just days after Prime Minister David Cameron launched a veiled attack on Dr Williams’s forays into politics.

In a highly personal speech on religion, he called on the  Archbishop to lead a revival of Bible values in Britain rather than focus on politics. He said he was content for Dr Williams to make political statements, but warned him he should not be surprised if the politicians hit back.

The Archbishop has repeatedly spoken out about the Coalition’s austerity programme, accusing the Government of peddling ‘radical policies for which no one voted’ –– despite polls showing the public supports the cuts.

Views: 0

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes