Friday 14 September 2018

Church of England, who doesn't like Amazon, has a ton of Amazon shares

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This week, the most senior bishop in the Church of England, Justin Welby (aka the Archbishop of Canterbury criticized the U.S. retail giant Amazon for getting away "with paying almost nothing in tax." Which would be fine if it weren't for the fact, first reported by the Church Times, that the Church of England owns a significant number of Amazon shares. 

In fact, Amazon is among the 20 most valuable equity holdings in the Church's multi-billion investment fund, according to the 2017 annual report from the Church Commissioners. 

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