Skip to comments.Young Clergy Face Life On The Dole After Church of England Loses £1.3 Billion
Posted on 05/30/2009 6:54:03 PM PDT by Steelfish
Young clergy face life on the dole after Church of England loses £1.3billion
31st May 2009
No jobs: The Church is turning away graduates of theological colleges
The Church of England is turning away trainee clergy for the first time in history after £1.3billion of its investments were wiped out in the financial crisis.
Up to a dozen graduates of theological colleges will miss out on their ordination next month and may end up on the dole as there are no parish jobs for them.
The Church has previously given all graduates placements in parishes as curates, which they need before they can become ordained as priests.
But now, to the anger of senior clerics, a spending squeeze means the number of junior clergy posts has been reduced and some trainees may quit the Church.
The unprecedented situation comes after the Church Commissioners, who manage the Churchs £5.7billion assets, announced it lost £1.3billion last year as share and property holdings plunged
(Excerpt) Read more at dailymail.co.uk ...
Were they with Bernie Madoff?
How could the Church lose that much?
They own gazillions in real estate in the British Isles.
He added nearly all the unplaced students had trained at three evangelical colleges his own, Oak Hill in London and Trinity in Bristol. And he suggested they had not been offered parish jobs because many bishops did not approve of their conservative, Bible-based views.
There you have it!
They are probably heterosexual, too!
Assuming that they actually have souls.
Traditional Anglican ping, continued in memory of its founder Arlin Adams.
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Humor: The Anglican Blue
Speak the truth in love. Eph 4:15
When the faithful are not happy they do not put any money in the collection plate.
Yup. Anglican Church needs young, orthodox priests. The liberal ones just preach themselves out of a job (as we can see from this article).
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