Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Tuesday 18 September 2018 5:58 pm  |  Updated:  Tuesday 21 May 2019 4:27 pm

Noel Edmonds brands Archbishop of Canterbury a “reincarnation of evil” over Lloyds investment

By: Jessica Clark

Add as a preferred source on Google

NULL

TV presenter Noel Edmonds branded the Archbishop of Canterbury a "reincarnation of evil" for investing in Lloyds Bank and failing to meet with HBOS fraud victims. 

The Deal or No Deal star, who is seeking £64m in damages from Lloyds, said Justin Welby was a hypocrite after the church leader last week mounted an attack on zero hours contracts and companies such as Amazon, despite revelations that the Church itself uses the same type of contracts. 

Read more: Lloyds Banking Group closes another 15 branches

“Does he have a divine right to be an arsehole?” Edmonds said during a panel at the SME Alliance meeting, ITV news reported. 

“And I reckon that I’m justified in calling him that and much worse because he won’t meet me or any Lloyds victims and the church is one of the biggest investors in Lloyds Banking Group."

“Justin Welby, [you] used the expression but I think you are the reincarnation of an ancient evil,” he said.

Bankers at the HBOS branch in Reading were jailed last year for a £245m scam, which destroyed a number of businesses as the proceeds were spent on holidays, luxury goods and prostitutes. 

Lloyds Banking Group is one of the Church Commissioners 20 most valuable share holdings, according to last year's annual report. 

City PM has approached Lambeth Palace for comment. 

Read more: Lloyds Bank private equity arm invests £25m in energy price comparison firm

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Banking
  • Business

Related Topics

  • Company
  • HBOS
  • Lloyds Banking Group

Trending Articles

  • Revealed: Secret Treasury plan to tax State Pension before it is paid out

  • Two solicitors linked to Post Office scandal charged with misconduct

  • Burnham’s new chief of staff ran City firm advising Thames Water and rival Heathrow bidder

  • Barclays and Lloyds join banking sector plan for digital ID

  • Clarkson’s Farm and why businesses must stop blaming the weather

More from City PM

  • Lloyds Bank and Halifax customers hit with app outage

    Banking
    Lloyds is plotting to beef up its wealth offering.
  • Lloyds taps $160bn fintech giant to boost small business tech

    Banking
    Lloyds headquarters exterior against a clear sky, showcasing iconic modern architecture in a bustling business district
  • Barclays and Lloyds join banking sector plan for digital ID

    Banking
    Banking app interface showing financial transactions and account balance on a smartphone screen, emphasizing digital finan...
  • Barclays pays £180m for loss-making UK fintech Gohenry

    Banking
    Barclays posted its first-quarter update on Wednesday.
  • Banks ‘not ready’ for motor finance scheme, says City watchdog

    Banking
    Nikhil Rathi, chief executive of the FCA.
  • Investors ‘reluctant’ to splash cash on UK banks amid crisis in Number 10

    Banking
    Andy Burnham addressing audience as Mayor of Greater Manchester in formal setting, wearing a suit and tie.
  • K2 PI aims high: Lloyd’s-backed MGA targets larger PI risks

    Partner
    Lloyds-backed MGA K2 PI targets larger professional indemnity risks, aiming to compete with major brokers.
  • Lloyd’s and Chubb unlock $400m to jumpstart Strait of Hormuz shipping

    Insurance
    Bustling shipping activity in the Strait of Hormuz with tankers and cargo ships navigating Iranian waters.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy