When nuns held up a bank

A community fearing being left behind, takes novel action to help change its economic and social fortune. Ryan Gilfeather tells the tale.

Ryan Gilfeather

Ryan Gilfeather explores social issues through the lens of philosophy, theology, and history. He is a Research Associate at the Joseph Centre for Dignified Work.

A pile of coins in focus at the bottom of an out of focus glass tube.

Small value coins were at the heart of the nuns' actions.

Photo by Nick Fewings on Unsplash.

Days before Christmas 2001 a mob of nuns and priests held up a bank in Oxford Street. They were not stealing money but rather paying it in. The Nuns of St Antony’s Forest Gate, a 2000-person strong Catholic parish saved their collection money until they had a staggeringly vast quantity to deposit. On the day, they took the money in a van to an HSBC branch in Oxford Street, wheeled it in on trolleys, where they proceeded to deposit every single coin.

At the same time priests in their clerical collars, and worshippers from a range of congregations in East London queued up at the other desk to slowly and repeatedly enquire about opening savings accounts. All the while, other members of these institutions stood outside holding banners accusing HSBC of exploiting low paid workers, saying “Give HSBC a Living Wage for Christmas.” The entire branch was brought to a standstill. Anxious Christmas shoppers stood helpless and astonished as this spectacle frustrated their attempts to withdraw money.

They heard that wages were so bad that workers needed to take on multiple jobs, forcing them to choose between feeding their kids and seeing them.

These nuns, priests and other Christians planned this action to secure a liveable wage for all who work at HSBC, but they also had broader ambitions. The East London Communities Organisation (TELCO), a broad-based coalition of citizens from churches, mosques, and other faith and community groups began to organise for a pay rate which was enough to live on, the amount which is now known as the Real Living Wage (currently £11.95 in London; £10.90 everywhere else). Each of these citizens had been listening to the people in their institutions. They heard that wages were so bad that workers needed to take on multiple jobs, forcing them to choose between feeding their kids and seeing them, and preventing them from praying and worshipping. Motivated by the belief that all human beings are of equal value and dignity in the eyes of God, these Christian communities, alongside the other groups in TELCO began campaigning for a fair and just rate of pay.

The new neighbour

As these discussions were ongoing they could see the new HSBC tower slowly ascending above their East London skyline. Considerable amounts of government money had been spent on the infrastructure of Docklands, which would serve this tower. TELCO citizens discerned that if it was going to benefit those who lived in east London, there would need to be a living wage for everyone who would work in that building. Therefore, they decided to ask the bank to make contracts for cleaning and security at the new tower on the condition that workers be paid enough to live on, in East London (£6.30 at the time). A number of religious and civic leaders had written to the HSBC chairman, Sir John Bond, to request a meeting to discuss these poverty wages. However, they had heard nothing back.

At this point, the nuns at St Antony’s came up with their plan. Visitors and members of the 2000 strong congregation would leave coins in the collection when they light candles in church, and the nuns were accustomed to depositing them every Tuesday. However, they decided to keep hold of them for several months until they managed to fill that small van. Eventually, on 19 December they set out in it to Oxford Street, with priests and parishioners in tow, and brought this branch to its knees.

The action worked. Within an hour Sir John had agreed to meet with TELCO members at St Philip's Church, Plaistow, to discuss their demands that cleaning and security contracts pay a living wage. Negotiations continued until 2004, when HSBC agreed to the campaigner’s demands, ensuring that every contractor pays a living wage, sick pay, pension and free access to a trade union. This victory built great momentum for the movement for a Real Living Wage, which is now voluntarily paid by over 12,000 UK employers. Therefore, this life-giving campaign for economic justice finds its origins, in part, with a group of nuns saving up their small change, because their faith led them to believe in the inextinguishable dignity and value of all human lives.

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Belief

Community

Creed

10 March 2025

2 min read

Giles Coren dips his toe in the water - will he take the plunge?

In a disembodied digital age, he's made a decision to participate instead.

Jamie Mulvaney

Jamie is Vicar of St Michael's Chester Square, London.

A casually dressed man strides down the aisle of a church between the pews.

Danique Godwin on Unsplash

It takes a lot of courage to write about what you don’t know. Newspaper columnists and restaurant critics are paid to be omniscient, and Giles Coren is very good at channeling observation and insight into his articles in an acerbic and amusing way.

He recently wrote in The Times about what he does and doesn’t know about Christianity. He wrote with humility and humour, which amongst other things made me wonder how many of us who are part of the church would do well to be honest about what we don’t know.

The journey that Coren tells about his “not not believing” is staked along the way by the language of the church and its buildings. In other words: worship.

Belle Tindall recently wrote about the prejudice met by Kate in White Lotus when she tells her friends that she finds going to church “very moving.” To them it is “self-defeating”, but perhaps it opens us up the possibility that there is a greater centre of gravity than our own selves. Going to church has been associated with so many unhelpful divisions and distractions and often the church is to blame.

But believers and non-believers alike run the risk of missing out on so much of faith. We limit it to information and observation, when the full benefit is found in participation. Whether pilgrims, prodigals or someone else altogether, we can analyse and stand on the sidelines as much as we want, but Coren and his son are taking part:

“I gave up not going to church some time ago. Most Sundays I am there, praying and singing — another lapsed atheist hoping that the non-existent God he was brought up not to believe in doesn’t see.”

Perhaps this act, and writing about it in The Times, is even braver given our seemingly disembodied, digital, post-pandemic individualistic lives. A podcast may give you propositional truths you can accept or reject, but being caught up in worship is in a different order altogether. Coren writes:

“And I have a sense that God is there — in the tradition, the words, the 2,000 years of conviction, the imagination of all the people who came before me…”

God is the interesting thing about Christianity, and Christians believe that this God became human. Amidst all that we don’t know and don’t see, going to church makes tangible what can feel intangible.

Coren writes that the only moment he feels left out is in Communion, and that perhaps one day he will get baptised. The Greek word where we get ‘baptism’ from means to overwhelm. In an overwhelming world, more and more people are seeing the merit in being overwhelmed with God. If we are to experience this, it means that at some point we need to dive into the water.