The Archbishop of Canterbury said the Church of England still held an indirect investment in short-term loan company Wonga, even though he branded its activities "morally wrong" nine months ago. Archbishop Justin Welby, leader of the world's 80 million Anglicans, said last year he had been embarrassed to learn that the church's pension fund had invested a relatively small sum in a U.S. venture capital firm that led Wonga's 2009 fundraising. Shortly before that investment came to light, Welby had pledged to drive such lenders out of business by backing rival credit unions as he made a scathing attack on so-called "payday" lenders such as Wonga, which charge high interest rates on loans that are typically repaid when borrowers receive their next paychecks. But on Sunday in an interview with The Sunday Telegraph newspaper, Welby said he had been unable to force the church's investment arm, the Church Commissioners, to exit the investment.
Liverpool took another step towards a first league title since 1990 after winning 3-2 at Norwich City on Sunday to pull five points clear in the Premier League. Quick-fire early goals from Raheem Sterling and Luis Suarez put the visitors in control at Carrow Road, before Gary Hooper replied for fourth-bottom Norwich in the 54th minute. Sterling appeared to have made the points safe with a deflected shot minutes later, but a late Robert Snodgrass header obliged Liverpool to endure a nervy last 10 minutes. It was Liverpool's 11th consecutive league victory and means that they are guaranteed to qualify for next season's Champions League, but Brendan Rodgers's side now have a bigger prize in their sights.