(SUMMIT NEWS) – The Archbishop of Canterbury has defended the establishment of a £100 million fund to “address past wrongs of slavery” during a time of financial crisis among parishes. The Telegraph has the story: “The Church Commissioners, which handles more than £10 billion of assets for the Church of England, announced the pledge on Tuesday following last year’s publication of a report which found that much of the institution’s wealth originates from the slave trade.”

“The Archbishop of Canterbury, the Most Revd Justin Welby, acknowledged that the £100 million cash injection comes amid mounting concern over parishes’ “stretched” finances.”

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“However, he insisted that “it is now time to take action to address our shameful past.”

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