Most Revd Justin Welby tells Bible Society event that British economy is in a 'depression' and not a 'recesssion'.
The Archbishop of Canterbury wants to see some of Britain's major banks broken up, with the hope of avoiding another major financial crisis.
He's hinted the government should use its stakes to break up the Royal Bank of Scotland and Lloyds Banking Group into a series of regional lenders.
Justin Welby was speaking at an event organised by the Bible Society last night:
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