Church Finance/Management

Cardinal Keith O'Brien

Cardinal O’Brien ‘bought a jet ski for priest’s birthday’

Cardinal Keith O’Brien, the disgraced Archbishop of St Andrews and Edinburgh, is facing an investigation into financial mismanagement in his former diocese after a former priest claimed that he had bought a jet ski for a friend. Cardinal O’Brien stepped down a year ago after three priests and a former priest accused him sexual misconduct. […]

Organ stops at St John's, Greenock

Church organists could become endangered species after tax shake-up, clergy warn

Traditional church organists are becoming an endangered species in some areas after new tax rules heaped extra red tape on small rural parishes, clergy have warned. It follows a major shake-up in employment tax arrangements last year which vicars say has forced them to bring organists in tiny rural churches onto a formal payroll system. […]

Church of England consortium offers cash for RBS branches

Church of England consortium offers cash for RBS branches

A Church of England-backed consortium bidding to take over 315 Royal Bank of Scotland branches has offered to pay cash if the bank decides not to float the business on the stock market. RBS is sifting through the details of three bids for the branches, which it is being forced to sell by the European […]

celticcross

Kirk ‘mocks its own ethos’ on pensions

The Church of Scotland was last night under pressure to avoid a clash with unions after being accused of forcing its staff to accept a drastic pensions cut. Unite said that imposing a new pension plan on more than 200 office staff made a “mockery of the ethos” of the church. The Kirk is planning […]

Kirk care staff caught up in zero-hours contracts row

Kirk care staff caught up in zero-hours contracts row

The Church of Scotland’s social care arm is employing hundreds of staff on controversial zero-hours contracts. More than 500 Crossreach staff are currently on the terms – which guarantee neither work nor pay. The Church of Scotland last night said it did not have an official position on zero-hour contracts. However, it added it did […]

Graeme Caughey

Church of Scotland pension fund appoints bond specialist to board

The Church of Scotland Pension Fund has appointed a high-ranking bond specialist at one of the nation’s largest fund managers as its vice chairman. Graeme Caughey, head of government bonds and global head of rates at Scottish Widows Investment Partnership (SWIP), was officially awarded the role by trustees at a meeting in May, minutes show. He […]

Karina McTeague

Karina McTeague given key position at new City financial watchdog

Former Halifax Bank of ­Scotland risk specialist Karina McTeague has been hired by one of the new City regulators to oversee its supervision of the UK’s retail banks. The Financial Conduct ­Authority has recruited the Edinburgh University law graduate from Lloyds Banking Group, where she has spent the past two years as its chief risk […]

Galloway church congregations merge

Galloway church congregations merge

Two church congregations are to merge to save money. Members of the Buittle and Kelton and Auchencairn and Rerrick congregations are making the move. A meeting was held at Auchencairn Church on Sunday to decide the future of the two congregations. But the move will not see any church closures. Services will continue to be […]

celticcross

Gift of £500 left at church

A mystery benefactor wandered into a church and left an envelope crammed with £500. The bumper cash gift was found inside 150-year-old St Alphonsus in Glasgow’s east end — with no clue to the donor’s identity. Last night local priest Father Eugenio Montesi said: “There was no note to say who it was from, just […]

Kirk could lose £1m a year over gay ordination

Kirk could lose £1m a year over gay ordination

The Church of Scotland stands to lose more than £1 million a year in givings as congregations begin resigning from the Kirk in the row over gay ordination. The first wave of resignations has seen six congregations quit, with half of the parishes in the Kirk’s financial heartland. The controversy could have a bigger impact […]

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