Andrew Brown, Secretary of the Church Commissioners, said: "Last year's phone hacking allegations raised some serious concerns amongst the Church's investing bodies about our holding in News Corporation. Our decision to disinvest was not one taken lightly and follows a year of continuous dialogue with the company, during which the EIAG (ethical advisory group) put forward a number of recommendations around how corporate governance structures at News Corporation could be improved. However the EIAG does not feel that the company has brought about sufficient change and we have accepted its advice to disinvest."
more here. I doubt this will extend to advice to clergy to stop buying the Times or the Sun, though that would be thorougly consistent. Drat, I really like the Times' puzzle page.