The Archbishop of Canterbury has unveiled plans to invite young British bankers to give up work for a year and join a "quasi-monastic community" to pray and lea
Justin Welby wants ambitious people to spend time at Lambeth Palace helping the poor and growing closer to God before entering work in the City.
The archbishop said their natural ambition would help them take up the offer, but he didn't reveal full details of the plan.
A corner of Lambeth Palace is to be set aside for bankers between 20 and 35 years of age, he said.
The initiative aims to prevent another global recession by teaching the bankers of tomorrow to be more ethical and not to take huge risks at the expense of the poor.
Rt Rev Justin Welby said his plan would rebuild trust in banking.
He said: "Failure to change the culture of leadership in the next five years, to a degree that is unimaginable today let alone in 2008, will lead to very serious consequences for the financial services industry in terms of over-heavy regulation and yet more decades of lack of trust.
"A year of really deep reflection on self, on motivation, on the nature of theological anthropology, commitment to the common good and what that means, and service with the poor, is absolutely life-shaping."
A Monthly Gift Of $11 Makes A World Of Difference
In a world of fake news there’s never been a greater need for quality Christian journalism. Premier’s mission is to provide the Church with the most up to date and relevant news, told from a Christian perspective. But we can’t do it without you.
Unlike many websites we haven't put up a paywall — we want to keep our journalism free at the point of need and as open as we can. Premier’s news output takes a lot of time, money and hard work to produce. No one in the USA is sharing news like we are across radio, magazines and online so please help us to continue that today.
For a monthly gift of $11 or more we’d also be able to send you a free copy of the brand new Premier Bible, a wonderful Anglicised version of the NLT packed with exclusive bonus content, reading plan and resources to help you get the most out of scripture.
Your monthly support will make a world of difference. Thank you.
Support Us
