The Church of England has come out in opposition to Rupert Murdoch’s News Corp.’s £7.8 billion ($12.4 billion) bid for the rest of British Sky Broadcasting Group Plc.

Britain’s Quakers have sold their shares in multinational oil company BP after criticism from both within and outside their own ranks.

Following BP’s Gulf of Mexico disaster, British and Irish church-based investor advocacy group the Ecumenical Council for Corporate Responsibility (ECCR) is calling for a compensation fund to address the impact of oil spills in Nigeria.

As Shell faces a lawsuit in the Netherlands over alleged oil pollution in Nigeria, and a fresh challenge over plans to drill oil in the Arctic, a new report published today argues for urgent action.