", "SAINSBURY FACES INQUIRY ABOUT 2m LOAN - FT.com", Ministers quizzed in donor probe. Branches more than quadrupled in size, from an average 8,000 sq ft to nearly 35,000 sq ft, and the range of products increased from 4,000 to 16,000, half of them own-brand. The Lord Sainsbury of Preston Candover KG (Grenville 46) 02 November 1927 - 14 January 2022. Sainsbury was not seen as a bid target until it reported in February that the Sainsbury family had reduced its total stake by three per cent, 52 million shares. Parliament operator: 020 7219 3000 Message service: 020 7219 5353 Postal mail Address your letter to a specific member, and post to: House of Lords, London, SW1A 0PW Bulk mailshots to members are not accepted. lord sainsbury contact. He was Finance Director of J. Sainsbury plc from 1973 through 1990, Deputy Chairman from 1988 through 1992, and Chairman from 1992 through 1998. [6] To further his philanthropy interests, he placed 92million of his shares (representing 5.28% of the Company's share capital), into his investment vehicle, Innotech Advisers Ltd (which donates all its dividends to charity), meaning his beneficial stake is just 0.57% (lower than JD's 1.6% beneficial interest). John McDonnell, the shadow chancellor under Corbyn, has previously suggested that the peer should be expelled for his support of the Lib Dems. At the time, the Lib Dems were fighting on a fiercely anti-Brexit platform. A year later, following the Labour Party's election victory, he entered the House of Lords as a Labour peer, being created Baron Sainsbury of Turville, of Turville in the County of Buckinghamshire, on 3 October 1997. [22] He donated 390,000 to Progress and the Movement for Change between December 2011 and April 2013, while he was not on a UK electoral register, which is contrary to electoral law, leading to Progress and the Movement for Change being fined by the Electoral Commission. His book,Windows of Opportunity: How Nations Create Wealthwas published in February 2020. Wednesday, 28 February, 2007. In 1996, Sainsbury's announced its first drop in profits in 22 years, and the first of three profits warnings during his chairmanship was issued. He was knighted in 1980, and given a life peerage in 1989. During the private equity takeover bid in the first half of 2007, David indicated he was willing to let the Sainsbury's board open its books for due diligence if someone offered him a price of 600 pence per share or more. From July 1998 to November 2006, he held the office of Parliamentary Under-Secretary of State for Science and Innovation at the Department of Trade and Industry, serving in the House of Lords and accepting no salary. In 2013 his book Progressive Capitalism: How to Achieve Economic Growth, Liberty and Social Justice was published. Perhaps more than anyone else he secured its position as one of the countrys leading food shops. [3] Institutions whose creation they fostered include the following: Annabel Sainsbury (married name Annabel Kanabus) set up, with her husband, the international AIDS charity AVERT, and the charity GHE. In 2007 he produced a review of the Governments science and innovation policies, The Race To The Top and in May 2013 published Progressive Capitalism: How to Achieve Economic Growth, Liberty and Social Justice. Between the flotation in 1973 and John Sainsburys retirement in 1992 the companys market capitalisation rose from 117m to over 8bn. The same. Lord Sainsbury at a Wedding in Berkshire. In 2001, the Sainsbury Trusts donated some $90 million to a wide range of good causes both in Great Britain and abroad. [11], Between 1996, the year he rejoined Labour, and 2006, when he stood down as a government minister, Sainsbury donated 16 million to the Labour Party, usually in batches of 1 million or 2 million each year. [44] She was appointed DBE in the 2022 Birthday Honours, for "services to the Arts, [10] The 'continuing' SDP was wound up in 1990, and Sainsbury changed allegiance back to the Labour Party, rejoining them in 1996. lord sainsbury contact2nd battalion, 4th field artillery regiment. funfetti pancake mix cookies lord sainsbury contact. [31][32] In 1993, he donated 200 million of Sainsbury's shares to the Foundation's assets. He set up the Gatsby Charitable Foundation as an endowed grant-making trust in 1967, just four years after graduating from Kings College, Cambridge, having read History and Psychology. Lord David Sainsbury, who is going to accept the Andrew Carnegie Medal of Philanthropy today on behalf of the family, established Gatsby in 1967. I am, therefore, helping the Labour party financially, as I dont think democratic elections should be decided by which party is able to raise the most money, and because I want to see Keir Starmer become prime minister as soon as possible.. Over his long, active life he had two careers: as the titan that transformed the family grocery firm of Sainsburys into an iconic part of British life, and no less importantly, as a philanthropist who championed all aspects of the arts . Lord Sainsbury of Turville, Elected as Chancellor of Cambridge University. John Julian Sainsbury, son of John Davan Sainsbury, The Hon. Posted by ; jardine strategic holdings jobs; how to dominate a neighborhood with real estate farming . . Learn how and when to remove this template message, Parliamentary Under-Secretary of State for Science and Innovation, "David Sainsbury, Baron Sainsbury of Turville", 2016 European Union membership referendum, became the first in 163 years to be contested by another candidate, John Sainsbury, Baron Sainsbury of Preston Candover, KG, "Lord Sainsbury gave biggest political donation in history", "An Interview with Sir Robert and Lady Sainsbury", "Cash for honours: What am I bid? A exit poll has shown that former Labour minister Lord Sainsbury is on course to be elected Chancellor of Cambridge University, with a clear lead over actor Brian Blessed and lawyer Michael Mansfield. Sainsbury, who served as science minister under Blair, said he did not want the ability to raise cash to be a big factor in the forthcoming election. We, AOL, are part of the Yahoo family of brands. He retained the presidency of the company and led successful family opposition to a takeover bid by private equity companies in 2007. The couple divorced when their son was 12 and John was sent to Stowe school and subsequently studied history at Worcester College, Oxford, for which the family became major benefactors, supplying a residential block for students. This is the contact form to use for any general enquiries. A minister under Tony Blair, Lord Sainsbury gave 2.15m to Labour and 2.125m to the Liberal Democrats in the three months to June. He is Chairman of WE UK (formerly Free The Children) and co-hosts their annual signature event WE Day UK with Holly Branson. He introduced oven-ready frozen chickens and the simple but powerful slogan "Good Food Costs Less at Sainsbury's" in 1959. I am proud to be a Cambridge graduate and know both British and foreign universities as a result of my eight . It was said by the Financial Times to be "one of the biggest donations ever made to a British university surpassed only by a 2000 gift to the university by the Bill and Melinda Gates Foundation. He then completed an MBA at Columbia Business School in the United States. The Sunday Times reported in September 2006 that "The Sainsbury family continues to [sell] shares in the 6.2 billion retailer and for the first time their combined holding has fallen below 20%.. During his 40-year career with the. Donations to Labour jumped by nearly a quarter to 4.7m understood to be the highest quarterly figure for six years. According to figures from the Electoral Commission, the Conservatives raised just under 3m from July to September, compared with 5.4m in the previous quarter. He was appointed as the companys Deputy Chairman in 1988 and became Chairman in 1992. Registered Charity No. It was a period of rapid change in the grocery business. Newsletter. 1m? He is also the author of two Fabian pamphlets Government and Industry: A New Partnership and Science and Innovation Policies in a Global Economy and is co-author with Christopher Smallwood of Wealth Creation and Jobs published by the Public Policy Centre. He also wants to reunite the country around an agenda of economic growth and social justice, which is one I strongly support. By clicking to subscribe, you acknowledge that your information will be transferred to MailChimp for processing. Sign up to recieve our insights newsletter. He served on a wide range of boards and as a trustee for institutions including the Royal Ballet School, the Royal Opera House, Dulwich Picture Gallery, the National and Tate galleries, the Ashmolean Museum, the Rhodes Trust and the Nelson Mandela childrens fund. Lord Sainsbury of Turville Chairman of the Board David Sainsbury was Finance Director of J. Sainsbury plc from 1973-90, Deputy Chairman from 1988-92, and Chairman from 1992-98. By Peter McLaren-Kennedy 15 January 2022 7:47. It was very much a family firm: he succeeded his uncle, Sir Robert Sainsbury, as head of the business, and on retirement passed the chairmanship on to Sir Roberts son David Sainsbury: a not entirely happy arrangement, as his cousin, 13 years his junior, did not seem as committed to the grocery business as he was. In 2007 he produced for the Government a review of the Governments science and innovation policies, The Race To The Top. lord sainsbury contact. In his book, Windows of Opportunity: How Nations Create Wealth, Lord Sainsbury draws on his experience in business and government to assemble the evidence about how growth happens, arguing that it comes not as steady progress but in a series of jumps, based on investment in high value-added firms.He argues that the role of government in 'picking winners' should be at the level . [39] However, his nomination became the first in 163 years to be contested by another candidate when, on 29 May, local shopkeeper Abdul Arain stood in protest at a planning application for a Sainsbury's Local branch in Cambridge's Mill Road district, triggering a contest that would have to wait until an October ballot. The size of his latest gift signals that the race to raise funds before the next election, probably to be held next autumn, is well under way. [17] On 10 November 2006, he resigned as Science Minister, stating that he wanted to focus on business and charity work. [2] He served in the government as Parliamentary Under-Secretary of State for Science and Innovation from 1998 and 2006. During 2016 he had donated 260,000 to Progress in addition to backing "Remain" organisations. David Sainsbury began his professional career when he joined the UK retailer J Sainsbury plc in 1963. On JD Sainsbury's retirement as chairman and chief executive on 2 November 1992, David Sainsbury became chairman. David Sainsbury became Lord Sainsbury of Turville in October, 1997 and was appointed Minister of Science and Innovation from July 1998 until November 2006. Spoken contributions. The former chairman and chief executive of supermarket chain Sainsbury's, Lord Sainsbury of Preston Candover, has died aged 94, the company has announced. The supermarket's current chairman and chief executive announced the death of the Baron on Friday evening, saying he had lived a "remarkable life". Parliamentary career. It also signals that the race to raise funds before the next election has already begun. He is also a donor to Blair's Labour Party. He was a keen art collector and an influential advocate for the Contemporary Art Society, making a significant contribution to the organisation personally as well as through . As chairman, he pioneered fresh and frozen foods, and increased Sainsbury's own label range. [21] In 2009, he created the Institute for Government with 15 million of funding through the Gatsby Charitable Foundation to help government and opposition politicians to prepare for political transitions and government. In a sign he was preparing a return, Sainsbury, who was made a Labour peer in 1997, quietly made a small donation last year to support the work of the shadow chancellor, Rachel Reeves. In 2021 The Sunday Times named the Sainsbury family among the most charitable people for the last 20 years with donations of 3.625 billion.[6][7]. During his time at J Sainsbury he also served on the governing boards of a number of political organisations as well as bodies representing business interests. We use MailChimp as our marketing platform. Remembering Lord Sainsbury. particularly during Covid-19", described in the list as "Philanthropist". There was also the Linbury studio theatre attached to the Royal Opera House, the Linbury biennial prize for stage design and a 25m donation to the British Museum. Bairstow, Harris & Stanford: Choral Works, The Mystery of the Transfiguration: Seven Meditations, A joyful noise: the bells of Westminster Abbey, God, Gratitude and Being at Home in the World, The Challenge of Bioethics to Decision-Making in the UK. With concerns that funding from Labours affiliated unions could drop after the days of Jeremy Corbyns leadership, the party has been on a concerted charm offensive to attract back the kind of business and individual donations that it received under Tony Blair and Gordon Brown. Quarry announced he had left the Conservatives during Liz Trusss leadership, declaring that she and her then chancellor, Kwasi Kwarteng, were zealots following a policy of GCSE economics. He was known to descend unannounced on stores for terrifying inspections and interrogations of local managers. [citation needed]. The halving of the generous dividend yield in recent years may have been a significant factor regarding the family's decision to reduce their shareholdings. Other less high-profile donations were made for medical research including, partly for family reasons, research into chronic fatigue syndrome, and to the St John of Jerusalem eye hospital on the Palestinian West Bank, an interest dating back to Sainsburys national service days. He received the Andrew Carnegie Medal for Philanthropy on behalf of the Sainsbury family in 2003. David Sainsbury Net Worth: David Sainsbury is a British businessman and politician who has a net worth of $1.1 billion. Born John Sainsbury, his 40-year career with the. Former Conservative chairman Nadhim Zahawi had been battling hard to raise cash for his party before he was fired by Rishi Sunak after a breach of the ministerial code over his tax affairs. All Gatsbys funds have come from David Sainsbury, and he and the Gatsby Trustees set our strategic direction and approve all activities. Ivor Crewe, Anthony King, "SDP: The Birth, Life and Death of the Social Democratic Party", Oxford University Press, 1995, p. 422. The largest family shareholders are Lord Sainsbury of Turville with 4.99% and Lord Sainsbury of Preston Candover, who controls just under 3% of the company, and benefits from 1.6% of the equity included in the above. 020 7803 4300. Lord David Sainsbury, former chair of the eponymous grocery store chain, has given 2mn to Labour in a giant enhance for Britain's primary opposition social gathering because it gears up for the following common election. Design and development by Soapbox, I would like to receive emails from Centre for Cities. Camilla Sainsbury, daughter of Timothy Sainsbury, married to Conservative, later Labour, James Sainsbury, son of Timothy Sainsbury, Alexander Sainsbury, son of Timothy Sainsbury, Jessica de Frankopan, daughter of Timothy Sainsbury and married to, Paulette Sainsbury, only daughter of Alan Sainsbury (1946); known by married name Paulette Anderson, Lindsey Anderson, daughter of Paulette Anderson, The Hon. Lord Sainsbury of Preston Candover is deceased. This contains the Sainsbury coat of arms among many others who were donors or fundraisers and was designed by John Lawson. Perhaps more than. Lord Sainsbury began working in his family's business in 1950, initially taking on a role in the grocery department before becoming a director in 1958, followed by Deputy Chairman in 1967 - a role which he took over from his father. Lord David Sainsbury: Lord (David) Sainsbury of Turville was Science Minister in Tony Blair's government from 1998-2007. However, the Sainsbury family have managed to use their remaining stake to block takeover bids in the past, as demonstrated by the two failed takeover bids in 2007. Search: David Sainsbury. Terms. During his 40-year career with the firm . He was Finance Director of J. Sainsbury plc from 1973 to 1990 and Chairman from 1992 to 1998. He was also a member of the cabinet biotechnology committee, Sci-Bio, responsible for national policy on GM crops and foods, and as such was a key adviser to Blair on GM technology. registered in England (No6215397). Lord Sainsbury returns to the Labour fold with 2m donation The former chair of the supermarket chain was a big donor to Blair and Brown but cut off his support under Corbyn Michael Savage. Donations from companies and wealthy individuals to Labour stood at less than 400,000 in 2020. He left J Sainsbury in 1998 after being appointed as Minister of Science and Innovation in the UK Government. He became a director in 1966. David Sainsbury began his professional career when he joined the UK retailer J Sainsbury plc in 1963. His father, Sir Robert Sainsbury, gave almost his entire stake in the company to David Sainsbury, his only son, whereas his uncle Alan Sainsbury split his stake in the business between his sons John Davan Sainsbury, Simon Sainsbury, and Tim Sainsbury. This article was amended on 17 January 2022. In October 1997 he was made a life peer, becoming Lord Sainsbury of Turville. He was an honorary fellow of his old college for many years. Alternatively you can write to us at: The Peak, 5 Wilton Road, London, SW1V 1AP Tel:+44 (0)20 7410 0330 Choose Area Keir Starmers election war chest has been given an extraordinary boost after one of the biggest New Labour-era donors returned to the party fold with a 2m donation, the Observer can reveal. He said he had backed the remain campaign because he believed strongly that coming out of Europe will be damaging to our economy and society, and dangerously so if we come out of the common market. Read more about The Gatsby Charitable Foundation , David speaks at the Said Business School, University of Oxford, about his new book, Progressive Capitalism, which outlines a thoroughly capitalist approach, but one which seeks to create a fairer and more just society. He is the founder of the Gatsby Charitable Foundation, Centre for Cities and the Institute for . In 1956, Sainsbury became chairman after the death of his father, John Benjamin. Simon Sainsbury (1930-2006), son of Alan Sainsbury, quiet philanthropist who gave away 100 . Private donations to the Labour party have hit a 14-year high, thanks to the Sainsbury family. He was Finance Director of J. Sainsbury plc from 1973 1990, Deputy Chairman from 1988 1992, and Chairman from 1992 1998. Ivor Crewe, Anthony King, "SDP: The Birth, Life and Death of the Social Democratic Party", Oxford University Press, 1995, p. 249, 251. I believe that Keir Starmer has the leadership skills and ability to deal with the economic difficulties we currently face, he said in a statement. David John Sainsbury, Baron Sainsbury of Turville, FRS, HonFREng (born 24 October 1940) is an English politician, businessman and philanthropist. John Davan Sainsbury, Lord Sainsbury of Preston Candover, KG, aged 94, died peacefully in his sleep, at home, after a long illness on 14 January 2022. He was deputy chairman from 1988 to 1992. Founding family of the UK supermarket chain, Sainsbury's, Principal members of the Sainsbury family, The Sainsbury family charitable interests, Learn how and when to remove this template message, John Davan Sainsbury, Baron Sainsbury of Preston Candover, Elizabeth Butler-Sloss, Baroness Butler-Sloss, David Sainsbury, Baron Sainsbury of Turville, Susan Carroll, The Lady Sainsbury of Turville, DBE, Sainsbury Laboratory Cambridge University, School of Art History and World Art Studies, National Trust for Places of Historic Interest or Natural Beauty, John Sainsbury, Baron Sainsbury of Preston Candover, "Marcus Rashford tops The Sunday Times Giving List 2021", "20 years of the Giving List by Alsastair McCall | CAF", The Sainsbury Archive Sainsbury family page, https://en.wikipedia.org/w/index.php?title=Sainsbury_family&oldid=1109885885, Articles needing additional references from October 2021, All articles needing additional references, Creative Commons Attribution-ShareAlike License 3.0, The Hon. Lord Sainsbury of Preston Candover. His great-grandparents, John James Sainsbury and Mary Ann Staples, established a grocer's at 173 Drury Lane in 1869 which became the British supermarket chain Sainsbury's. He was Finance Director of J. Sainsbury plc from 1973 to 1990 and Chairman from1992 to 1998. John was the eldest son of Alan Sainsbury, who would also be chairman of the company in the 1960s and become a Labour life peer, and his first wife, Doreen Davan Adams. Starmers allies have been claiming for some time that he is attracting back former party supporters from the business world, as well as winning new ones. The question on everyone's lips at the family estate, where Jason farmed with his father Peter Kanabus and younger brother Adrian, was what would he do with his new-found wealth? info@centreforcities.org He was the group's Finance Director from 1973 to 1990, during which time the company grew rapidly. He was elected Chancellor of the University of Cambridge in October 2011. [12] He donated a further 2 million on 7 September 2007, stating that he was impressed by Gordon Brown's leadership and believed "that Labour is the only party which is committed to delivering both social justice and economic prosperity". [citation needed] He has argued that there are "far too many reshuffles", and that there were considerable benefits to his remaining in post for so long. A hostile bid for the company may encounter difficulties, without the full support of the Sainsbury family. He is a major donor to the University of Cambridge and, in 2011, was elected Chancellor of the University of Cambridge. Philanthropist Lord Sainsbury was a generous donor to the Westminster Abbey Appeal Fund which raised millions of pounds for restoring the exterior of the Abbey and also Henry VII's Lady Chapel. He ranked 14 out of 50 on the Top 50 Influential Lib Dems of 2020 list the only non-Lib Dem member to feature.[30]. Product ID: 2682768 / SCAN-IND-02682768. [33] By 2009 the foundation had given 660 million to a range of charitable causes. [39] If his election had not been contested by 17 June, he would have assumed office on 1 July. He retained the presidency of the company and led successful family opposition to a takeover bid by private equity companies in 2007. [36] In 2011, Cambridge's Sainsbury Laboratory opened, paid for by an 82 million donation from the Gatsby Foundation made in 2008. Save. Lord Sainsbury was a generous donor to the Westminster Abbey Appeal Fund which raised millions of pounds for restoring the exterior of the Abbey and also Henry VII's Lady Chapel. In the first nine months of 2022 alone, the figure stood at more than 2.7m. After national service with the army in Palestine, he joined the family firm in 1950, becoming a buyer the following year and being put in charge of bacon purchases in 1956. Martin Scicluna, current Chair of Sainsbury's, has announced that Lord John Sainsbury of Preston Candover has passed away. Donations to the Tories actually fell by 40% in the third quarter of last year the last quarter for which figures are available. * 26/05/2002: The Government has rejected any suggestion of impropriety by the minister over his shareholding in a company involved in genetically modified (GM) foods. He received an M.B.A. from the Columbia Graduate School of Business in New York in 1971. Today, the family has many interests, including business, politics, philanthropy, arts, and sciences. Francesca Sainsbury, daughter of David Sainsbury. He is the founder of the Gatsby Charitable Foundation, Centre for Cities and the Institute for Government. Lord Sainsbury's relationship with the Royal Opera House spanned more than fifty years, including a period at Chair of the Board of the Royal Opera House, In 1974 he and his wife, the former Royal Ballet Principal dancer Anya Linden, established the Linbury Trust, which made possible many Royal Opera House productions, including The Sleeping Beauty, Manon, A Month in the Country and John . These are: Eighteen of the grant-making trusts set up by members of the Sainsbury family, are known collectively as the Sainsbury Family Charitable Trusts. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. Alan Sainsbury had introduced the companys first self-service store in Croydon in 1950 after seeing supermarkets in the US an angry customer, affronted at having to serve herself, threw a wire basket at him on opening day and had also started frozen food and own-brand lines. Sainsbury has given many millions over decades, but his last big gift to the general Labour pot was back in 2010. From 1992 to 1997, he served as the Chair of Sainsbury's, the supermarket chain established by his great-grandfather John James Sainsbury in 1869. . He was also a member of the cabinet biotechnology committee, Sci-Bio, responsible for national policy on GM crops and foods, and as such . The Gatsby Charitable Foundation, The Peak, 5 Wilton Road, London, SW1V 1AP. Lord David Sainsbury, former chair of the eponymous supermarket chain, has given 2mn to Labour in a big boost for Britain's main opposition party as it gears up for the next general election..

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