Archbishop Speech Banking on Bank Break-Up

By Andrew Ivey | Public Speaking

Apr 26
Archbishop speech calls for banking break-up

Archbishop Welby’s banking speech

He’s new to the job but already he’s making waves. A speech by the newly-enthroned Archbishop of Canterbury has managed to upset the Prime Minister. Bizarrely, it’s not a case of the message causing upset but the words themselves.

Archbishop Welby’s speech in Westminster was given at the request of the Bible Society. An august body…but not one known for its involvement in banking.

In his speech on Monday the Archbishop referred to the UK economy being in a state of “depression”. That was some claim.

Archbishop’s Speech at Odds with Downing Street

And it was a claim that was neatly refuted by the official figures released on Thursday. Nonetheless the words clearly upset Downing Street who countered by saying the Prime Minister would “choose his own words” rather than use “depression.”

It’s not likely that these two old Etonians will fall out over the use of the word “depression.” But what is illuminating is that the Archbishop has more direct involvement in the business and financial worlds than the Prime Minister and the Chancellor combined. Fantastic. A worldly Archbishop.

Beginning his speech he made clear that this was a “think-piece,” and maybe not his final thinking on the subject of the banking crisis. That might be considered a get-out clause, but it also suggests some confidence that things are going to change further.

And change they might as the Archbishop has spent a year working with the Parliamentary Commission for Banking Standards. Their report is due to be published very soon. Was that what he was referring to? Perhaps.

A nervous beginning made for a series of umms and errs. That’s something that we often get from Archbishops and High Court judges. It’s not an admirable trait. But we tend to tolerate it when weighed against the power of their ideas.

And this speech was full of ideas. Full of concepts and theories. Most were hard to argue with. Although implementing some of those ideas would be very costly for the taxpayer.

But there was also humour. He’s a serious man is the Archbishop, but he knows how to tease a laugh from his audience even with this very dry subject:

Again, there was a team, a very diverse team, that was rigorous in correction, not bound by hierarchy. Fortunately, of course, I work for an organisation now that has no sense of hierarchy.

His speech contained some very long sentences. Far longer than is customary for a modern business or political speech:

The point of a professional body is that it changes expectations and encourages not only high standards of professional knowledge, but also carries within it a sense of virtue, of what it is to be good at what you’re doing – both in practice and in character.

Given the weight of the ideas in the speech, this was excusable. Undoubtedly this will not be Archbishop Justin’s last word on the subject. We can expect more speeches, if not a banking break-up.


About the Author

The Principal Trainer at training business Time to Market. Based in Oxford, I run presentation and public speaking training courses, coaching sessions and seminars throughout the UK. Andrew Ivey on Google+

(1) comment

Add Your Reply