Tuesday, July 31, 2018

Anglican diocese of Leeds in serious financial crisis

From The Guardian-

The Church of England’s largest diocese, Leeds, is facing a serious financial crisis, forcing it to make staff redundant, close its pension scheme and review salaries.

The diocese of Leeds has drawn up an action plan in an effort to tackle a £3m deficit. It has told staff that up to 14 people will lose their jobs, inviting them to apply for voluntary redundancy. It may also impose compulsory redundancies.

Its defined benefit pension scheme will close at the end of the year. It will reduce four pay scales to one, and evaluate jobs “to ensure the correct levels of pay” have been set.

A letter sent to all members of the Leeds diocesan synod – its ruling body – said the diocese had run a “significant deficit in 2017 and continues to do so”.

The proposals to tackle this had been explained to staff, and a number of them had been given “very difficult news”, the letter said. Synod members were asked to “keep them in your prayers through this difficult time”.

More here-

https://www.theguardian.com/world/2018/jul/30/c-of-e-leeds-diocese-anglican-financial-crisis

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