Article
Christmas culture
Culture
4 min read

It really is a wonderful life

Three reasons why everyone should watch It’s a Wonderful Life this Christmas.

Jon Kuhrt is CEO of Hope into Action, a homelessness charity. He is a former government adviser on how faith groups address rough sleeping.

A man stands one side of a bank counter while others, on the other side, look hopefully at him.

In my view,  It’s a Wonderful Life is not the best Christmas film ever. It is simply the best film ever, full stop. 

Released in 1946, the film focuses on the life of a man called George Bailey who lives in the small town of Bedford Falls. As a young man, George intends to “shake off the dust of this crumby little town” and get away to see the world and achieve great things. Yet through tragedy and his own sense of responsibility, he ends up spending his entire life in Bedford Falls running the building cooperative that his late father established. 

He sacrifices a lot. He ends up giving the college money he has saved to his younger brother so he can go to university instead of him. During the depression he and his new wife give their honeymoon funds to keep the Building & Loan bank going. All the time he battles against the richest and most ruthless businessman in town, Henry Potter, who is determined to build his business empire at everyone else’s expense. 

The film focuses on a Christmas Eve where George stands accused of fraud and faces scandal and jail. It’s all too much for him – the lost dreams, the feeling of insignificance and the heavy burdens he has carried for so long – crash in on him. Drunk and alone, he finds himself on a bridge, wishing he had never been born and preparing to commit suicide. 

Yet at this lowest ebb, salvation comes. Through the visit of an angel, George is enabled to see what would have happened if he had never lived. He sees the impact that his life has had on so many people and on the whole town. He realises what a wonderful life he has had. 

The film has a basic, raw message about living right. Our cynical age tells us that there is no point in trying to change things. But this is not true.

So why is it such a great film? 

I love this film so much that, rather embarrassingly, I bought the DVD of it for my best friend two Christmases in a row. The main reason is because it has given me inspiration in my life and work. 

Why? I think it’s for the following three reasons. 

It’s realistic about the hardship of life. Mainly due to the final scene many now perceive it as quite a sentimental film, but when it was released, it was not popular because it was considered too dark. It’s because the film depicts the struggles that many ordinary people face – such as debt, low self-esteem and feelings of insignificance. 

Also, in the character of Henry Potter, it sharply criticises the greed and self-interest of money-makers who don’t care about people. Henry Potter acts within the law but does not care about how people are affected by his money making. Profit overrides everything else. 

In standing up to Potter, George Bailey is ‘sticking it to the Man’ and this is costly and tough. The renewal of community does not come without resistance against the powerful forces of greed and self-interest. 

It shows that how we live does make a difference to the world. George Bailey’s life makes a massive difference to his town. Through unglamorous dedication he helps hundreds of people escape Potter’s slum housing and own their own homes. His bravery and leadership builds up his community and offers dignity and hope to others. 

The film has a basic, raw message about living right. Our cynical age tells us that there is no point in trying to change things. But this is not true – we can make a difference if we have courage and commitment. George Bailey’s life shows the importance of how we live and the choices we make – we will invest simply in profits or will we invest in people? 

But the key thing is that we will never really know the difference we are making. It’s a mystery beyond what we can grasp. We cannot avoid the need to have faith. 

It’s about the love and grace of God. The opening scenes of It’s a Wonderful Life commences with George’s friends and family saying prayers for him because they know he is in trouble. And at the end of the film, with their prayers answered, together all of George’s friends sing ‘Hark the Herald Angels Sing’. 

People who want to make a positive difference in our broken world don’t need lofty idealism or utopian dreams of naive optimism.

It’s significant that the film starts with prayers and then ends with a hymn – because essentially, it’s all about grace, redemption and salvation. 

Too often words like this simply sound like religious jargon – as if they just refer to ‘getting into heaven when we die.’ But this is a damaging misunderstanding. Salvation is needed now – people are desperate in the face of meaninglessness, low self-esteem and suicidal thoughts. Also, people need redeeming from lives of greed and selfishness. Jesus meets people in these needs – he both comforts those who are disturbed – and also disturbs those who are comfortable. 

God’s love and grace comes to us in the midst of real issues. This is the core message of Christmas: that God became human, in history. He came to earth to share the real struggles that humanity faces and to conquer them with his redeeming love. 

People who want to make a positive difference in our broken world don’t need lofty idealism or utopian dreams of naive optimism. We know how damaged the world and its people are. But whether you are Christian or not, we all need inspiration, encouragement and hope to make a difference. And this is where It’s a Wonderful Life works a treat. 

Review
Culture
Economics
Trust
5 min read

Money’s hidden meanings in a contactless age

The Bank of England Museum reveals the symbolism, morality and power woven into the history of money

Susan is a writer specialising in visual arts and contributes to Art Quarterly, The Tablet, Church Times and Discover Britain.

Gold bars stacked in the Bank of England vault.
The Bank of England vaults.
Bank of England.

Our era of contactless payments obscures the symbolism once lavished on money. But the rich history of meaning, morality and power, layered into everyday transactions, is uncovered at an exhibition at the Bank of England Museum 

Building the Bank celebrates 100 years of the current Bank of England building, on the site of Sir John Soane’s original structure, completed in 1827. Surveying a century makes past practices seem quaint: until 1973 the institution was guarded by the Bank Piquet military guard. A 1961 photo shows 12 Guardsmen with bearskin hats and bayonets, together with a drummer or piper, a sergeant and an officer, marching into the Threadneedle Streer entrance. Even now, when the wealth of most people in developed countries is contained in data warehouses, 400,000 gold bars are held in vaults deep beneath the Bank. 

Faiths have grappled with money’s impact for millennia. Christianity’s relationship with money is tinged with unease, as St Paul’s oft misquoted letter to Timothy illustrates: “For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.” Personally, the immobilising feeling of envy, particularly if it is towards friends, does feel exactly like being pierced with blinding toxicity. 

Contrastingly, in Hinduism pursuing wealth is one of four pillars of faith, called Artha. In Hinduism attempting to attain material wealth is part of attempting to attain salvation. 

Herbert Baker, architect of the Bank of England, embodies moral ambiguity around faith and money. Buried in Westminster Abbey, and architect of Church House next door, Baker established his reputation working for Cecil Rhodes, prime minister of the Cape Colony 1890- 96. Vicar’s son Rhodes is now seen as paving the way for apartheid in southern Africa, and imposing an economically exploitive, racist, and imperialist system on the region. Baker also worked with better- known Edwin Lutyens on government buildings in New Delhi from 1912, declaring of the British Raj’s new seat of power “it must not be Indian, nor English, nor Roman, but it must be Imperial”. 

After World War One, Soane’s bank was too small to house the increased staff numbers needed to service the ballooning national debt and financial complexity of the Roaring Twenties. Bordered by major roads at the heart of the City of London, the institution’s footprint could not expand, so Herbert created a design incorporating some of Soane’s classical aspects, but with floors at a greater depth and height than its processor.  

From grand gestures to tiny details, classical mythology is a key element of the Bank’s design. Sculptor Charles Wheeler modelled doorknobs showing the face of Mercury. Mercury is the patron deity of finance and communication. Tiles for an officials’ lunchroom show a caduceus, with two bright blue snakes, tails entwined, framing Mercury’s face. Caducei are the symbol of commerce, representing reciprocity and mutually beneficial transactions.  

Forty caryatids, the classical female form used in place of a pillar in Greek architecture, were salvaged from Soane’s building and reused. Some caryatids are in the area where old banknotes can be exchanged, besides the museum, now the only part of the Bank open to the public.  

Outside, on the dome at the northwest corner of the bank, a gilt bronze statue of Ariel, named after the spirit of the air in The Tempest, represents “the dynamic spirit of the Bank which carries Credit and Trust over the wide world.” 

The image of banks as depositories of trust and positive relationships took a pasting worldwide during the 2008 Credit Crisis and lean years that followed. But in 2015 former Archbishop of Canterbury, Justin Welby, argues that banking services are a key part of functioning communities, and banks should be able to put people before profit. “At the heart of both these expectations is the value of the person as sacred, and all other things as secondary to human dignity. It is a value rooted in many faiths and especially in our Judaeo-Christian tradition. Of course profits have to be made, but they need to be measured not only in terms of their absolute return on capital employed, but also in terms of the human cost of achieving that return. 

“Large institutions with adequate balance sheets working to maximise returns from those who can most afford it do not produce a sustainable society in the long term. Such an approach is narrow-minded and short-termist, because sustainable societies are essential to the large companies within them. It is also an immoral approach.” 

Mosaics created by Boris Anrep idealise the Bank’ of England’s sunnier intentions towards the wider community. Anrep also designed mosaics for Westminster Cathedral, Tate Britain and the National Gallery. For the Bank, a tiny coin from the reign of Henry VIII known as the George Noble, the first time St George and the dragon appeared on English coinage, was magnified into a roundel showing the galloping saint, visor up, lancing the prostate dragon at the base. The George Noble was one of 50 designs, based on advances in coinage, gracing the Bank’s corridors.  

At the main entrance, a mosaic showing a pillar, representing the Bank, is guarded by two lions, referencing the sculpture from Mycenae. The Bank’s global role, and place at the centre of the then British Empire is shown by the constellations of the Plough and Southern Cross, representing the southern and northern hemispheres. 

An image of the Empire Clock Baker made for the Bank, - now disassembled - shows an ornate dial, marked in 24 sections, with the sun representing India and an anchor symbolising the port cities of Singapore and Hong Kong. 

In 1946 the Bank of England was nationalised, formalising its role as a public institution, operating in a post war decolonialising world, totally different to the one its building had been designed for just 20 years before. 

Systems and symbols around money mutate with the times. Money’s intangibility in our time of app and tap payment, makes its power less distinct than in the days of gold sovereigns. But we fool ourselves if we say money is unimportant, because all of history says otherwise. 

  

 

Building the Bank, Bank of England Museum, until 2026