Church aims to offload Wonga shares

Press Association
Archbishop of Canterbury Christmas Day sermon
Archbishop of Canterbury Christmas Day sermon

The Church of England is still working out how to dispose of its indirect stake in Wonga, the Archbishop of Canterbury has said - in spite of its high profile opposition to pay day lenders.

The archbishop told Radio 4's Today programme a review had been completed into the shares in Wonga held at "three stages removed" by the Church Commissioners.