• Church of England plans to sell off its palaces

...historic homes, which have belonged to the Church of England for centuries, could be sold off in a bid to raise money for cash-strapped parishes.advertisementA confidential internal review is examining whether the diocesan bishops' houses, nine of which are palaces, are appropriate for the Church to keep. The bishops' residences are worth about £120 million, but cost up to £9 million each year to maintain.