The Just Finance Foundation was created in 2016 to help bring about the Archbishop of Canterbury’s continuing vision of creating a fairer and more just financial system.

It oversees innovative, impactful programmes including LifeSavers and Just Finance Communities, the core programmes initiated by the Task Group on Responsible Credit and Savings. 

 
 
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June 2013

 

Archbishop of Canterbury, Justin Welby speaks in a parliamentary debate on high-cost loan companies and advocates for a cap on the rates the firms can charge.

In a subsequent July 2013 interview with Total Politics magazine the Archbishop says, ‘we’re not in the business of trying to legislate you (high cost lenders) out of existence, we’re trying to compete you out of existence’. He went on to suggest that credit unions offered an alternative to high cost lenders and that the church was committed to seeing the sector grow.

 
 

Jan 2014

 

Sir Hector Sants, former chief executive of FCA, appointed to lead Archbishop of Canterbury’s two-year Task Group on Responsible Credit and Savings.

 
 
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Sept 2014

 

Launch of Church Credit Champions Network in London, Southwark and Liverpool to help churches engage with issues of money and debt in their communities.

 
 

Jan 2015

The FCA introduces a cap on the cost of credit.

 
 

Feb 2015

Churches Mutual Credit Union launches for employees and office holders in 7 denominations including the Church of England and the Catholic Churches in England & Wales.

 
 
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Sept 2015

LifeSavers 6-month pilot begins in six primary schools in three areas; SE London, Leeds & Bradford, Nottinghamshire.

 
 

SEPT 2016

LifeSavers roll out begins – over 3 years to 120 schools plus free CPD sessions for a further 250.

 
 
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OCT 2016

Archbishop of Canterbury’s Mustard Seed Appeal launches to raise funds for Just Finance Foundation programmes.

 

MAR 2017

Just Finance Foundation established as a charity with Archbishop of Canterbury as President.

Board of trustees appointed with Sir Douglas Flint, former Group Chairman of HSBC, announced as Chair.

 
 
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We work in partnership with the Church Urban Fund (CUF) to build money skills, increase the quality of low-cost credit for those in need and encourage a wider debate about money and its place in our lives, building on the Archbishop of Canterbury's concerns about the responsible use of money. 

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