News from the Archbishop of Canterbury’s Task Group on Responsible Credit and Savings

This update celebrates the launch LifeSavers savings clubs in 6 primary schools, one of the two major initiatives to come from the Archbishop of Canterbury’s Task Group on Responsible Credit and Savings. The other, the Church Credit Champions Network, also celebrated this month with a service of evensong led by Archbishop Justin Welby who marked the occasion by commissioning a group of  credit champions.  Read on for more on both of these events and for information about a major conference on financial exclusion from Church Urban Fund.

On Tuesday 29th September, the Archbishop of Canterbury led a service of commissioning for volunteers from churches across London, Southwark and Liverpool Dioceses who are taking part in the pilot phase of the Church Credit Champions Network.
During the service at St George-in-the-East, Archbishop Justin Welby spoke of the ways in which churches have responded to financial need in their communities:
“It really is moving to see the ways the church has responded to the issues of the mastery of finance over so many human lives and its tyranny over so many human lives. It’s an extraordinary moment that the church rose to the challenge …. You have set up credit union access points in your churches, brought new people onto the boards of local credit unions, supported people struggling with debt through signposting them to debt advice resources. You have seen the need, and you have met it with love, grace and hope.”
Read the full sermon here

Church Urban Fund National Conference 2015
Thursday 5th November, Manchester

Financial exclusion is one of the most pressing public policy issues of our time. In the UK today there are 1.9 million households without a basic bank account and over seven million people using high-cost credit.

This conference will bring together church leaders, church members, activists and community-based practitioners to:

  • Build understanding of financial exclusion – its causes, consequences and solutions
  • Reflect theologically on what a fairer and more inclusive financial system could look like
  • Showcase a variety of efforts to build financial inclusion and build the capacity of participants to join in those efforts in their local community

The conference will run between 10.00am – 4.00pm with lunch and refreshments provided.
Full programme and booking details

The LifeSavers savings clubs and financial education programme for primary schools is now piloting in 6 schools. St John’s School, Colwick launched their savings club during a whole school ‘money week’. Six children from St John the Baptist School in Nottingham have been picked to be ‘saving managers’. They’ll run the savings club – alongside three adult volunteers,  including the local vicar,  and act as ambassadors for the programme throughout the school.
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