Young clergy face life on the dole after Church of England loses £1.3billion

31st May 2009

The Church of England is turning away trainee clergy for the first time in history after £1.3billion of its investments were wiped out in the financial crisis.

Up to a dozen graduates of theological colleges will miss out on their ordination next month and may end up on the dole as there are no parish jobs for them.

The Church has previously given all graduates placements in parishes as curates, which they need before they can become ordained as priests.

But now, to the anger of senior clerics, a spending squeeze means the number of junior clergy posts has been reduced and some trainees may quit the Church. the rest