Trailblazing initiative brings gospel to disadvantaged
Emily Pollok
Four years since its inception, a pioneering initiative to bring the gospel to economically disadvantaged and ethnic minority areas is bringing transformation across the UK.
The Sychar Gospel Fund was established in 2021 with a vision to support local churches in the poorest areas of Britain – it has distributed more than £1.4 million in grants to 125 men and women from 40 different churches to date.
Bank hits record church lending
Iain Taylor
Kingdom Bank has announced record lending for 2024, having approved 99 mortgages with a total value of nearly £27million.
The Christian bank uses deposits from churches and individuals to make loans to churches, Christian charities and those in full-time ministry secured on property. Since 2020, it has granted £100 million in loans and aims to boost that number by 150% over the next five years, lending a further £250 million by 2030. Of the mortgages in 2024, 44 were for church buildings, 28 were for houses for church leaders, 20 were personal mortgages for Christian ministers and seven – for churches and charities – were secured on other types of buildings. The largest group applying for loans was independent evangelical churches.
Elite sport: Where is the contentment?
Sport has been plagued by conversations about money in recent years, exacerbated by golf’s high-profile breakaway LIV tour [a professional men's golf tour] and recent demands from elite tennis players for their prize money to be increased.
Golf
The formation of the Saudi Arabia-backed LIV Golf circuit in 2022 sparked furious debate in the golfing world, as some of the sport’s top stars departed from the PGA Tour [PGA is an organiser of professional golf tours] for the far greater sums on offer at LIV. This was seen by many as a betrayal of the established structures which had given the players their living, and paid them fairly handsomely already.