[26], After the 2017 general election, Sainsbury announced he would no longer provide financial backing to party political causes, but will donate to charitable causes. 10,000? 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. 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. Spoken contributions. David Sainsbury became Lord Sainsbury of Turville in October, 1997 and was appointed Minister of Science and Innovation from July 1998 until November 2006. John Sainsbury, Baron Sainsbury of Preston Candover, KG (1927-2022), best-known as the former Chairman of one of the UK's largest supermarket chains, has died aged 94. 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. [3], Sainsbury and his wife, Susan Carroll (ne Reid), a former teacher, have three daughters. [2] He served in the government as Parliamentary Under-Secretary of State for Science and Innovation from 1998 and 2006. Your CA . Between 2001 and 2011 he provided 2 million of funding for Progress. From 1992 to 1997, he served as chairman of Sainsbury's, the supermarket chain established by his great grandfather John James Sainsbury in 1869. Appointed to the board in 1958. This is the contact form to use for any general enquiries. He became Lord Sainsbury of Turville in October 1997 and was appointed Minister of Science and Innovation from July 1998 until November 2006. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. [40] Four days later, a group of Cambridge University alumni successfully drafted actor Brian Blessed as an alternative candidate. John James Sainsbury (c.1844 - c.1928), co-founder of the Sainsbury's supermarket chain. His championing and bankrolling of pro-EU groups could also be used by the Tories to attack Labour. When the company listed on the London Stock Exchange on 12 July 1973, at the time the largest flotation ever, his family retained control with an 85% stake. He is also a donor to Blair's Labour Party. 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. Feb 25. Donations to Labour jumped by nearly a quarter to 4.7m understood to be the highest quarterly figure for six years. Honorary Fellow. Ivor Crewe, Anthony King, "SDP: The Birth, Life and Death of the Social Democratic Party", Oxford University Press, 1995, p. 94. I am proud to be a Cambridge graduate and know both British and foreign universities as a result of my eight . 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. 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. 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. In 1956, Sainsbury became chairman after the death of his father, John Benjamin. He is the founder of the Gatsby Charitable Foundation, Centre for Cities and the Institute for Government. He was appointed as Chancellor of Cambridge University in 2011. In a development claimed by Starmers allies as a sign of rising support within the business world, Lord Sainsbury, the former chairman of the Sainsburys supermarket chain, said he had been attracted back to Labour by its leaders desire to reunite the country around an agenda of economic growth and social justice. info@centreforcities.org Replying to . Between the flotation in 1973 and John Sainsburys retirement in 1992 the companys market capitalisation rose from 117m to over 8bn. He received the Andrew Carnegie Medal for Philanthropy on behalf of the Sainsbury family in 2003. An election took place on 14 and 15 October 2011[43] in which Sainsbury won with 52% of the votes (2893 votes out of 5558) on a 2.5% turnout and he was confirmed to the position on 16 October 2011. [39] If his election had not been contested by 17 June, he would have assumed office on 1 July. 2023 Centre for Cities He was Financial Controller from 1971 to 1973, just before the company's flotation. Among them, in collaboration with other family members, was the 50m Sainsbury wing to the National Gallery. Focus areas. He received an M.B.A. from the Columbia Graduate School of Business in New York in 1971. The Manor once belonged to the abbey at St Albans, but was seized by the Crown in the Dissolution of the Monasteries in 1547. He was Finance Director of J. Sainsbury plc from 1973 through 1990, Deputy Chairman from 1988 through 1992, and Chairman from 1992 through 1998. 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. 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. For information about our privacy practices, please visit our 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. [4] Adrian Kanabus has set up Adrians Charity.[5]. Registered Charity No. The same. Lord Sainsbury started working in his family's business in 1950, initially taking on a role in the grocery department. His name is David John Sainsbury, and he has retired from the House of Lords. Sainsbury has been a long-time patron of the socialist society Scientists for Labour. 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 . IN 1949 Alan Sainsbury returned to Britain from a voyage of discovery to the United States. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. The Sainsbury family (also Lord Sainsbury and family and incorrectly the Sainsbury's family) founded Sainsbury's, the UK's second-largest supermarket chain. Lord Sainsbury meets retailer's chairman. He is the founder of the Gatsby Charitable Foundation, Centre for Cities and the Institute for . John Sainsbury, Lord Sainsbury of Preston Candover, who has died aged 94, was the driving force behind the family supermarket chain for 23 years as its determined chairman. [34] He set up the Sainsbury Management Fellowship scheme in 1987 to develop UK engineers into leaders in industry. After the 1983 election, he prompted the party to give more priority to recruiting members and finding a firm financial base; he was by far the biggest donor to the party, and a trustee,[8] giving about 750,000 between 1981 and 1987. Lord John Sainsbury of Preston Candover was the president of Sainsbury's and also sat in the House of Lords as a member of the Conservative Party. Please complete the boxes below and click the submit button. He was Finance Director of J. Sainsbury plc from 1973 to 1990 and Chairman from 1992 to 1998. This ran from 1973 until 1995 when the completion of the Lady Chapel was marked by the unveiling of new stained glass in the west window of the Lady Chapel. 5 Jun. We are very grateful for all support, large or small, as we gear up to fight the next general election. 1m? 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. 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. 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. Lord Sainsbury of Preston Candover is deceased. UK's biggest political donor, Lord Sainsbury, to end his contributions Peer to concentrate on charitable causes as Labour thinktank Progress says it will turn to members to make up its shortfall. Celia Sainsbury, daughter of Robert Sainsbury, married name Celia Blakey, had issue: Michael Robert Blakey, son of Celia Blakey, Annabel Sainsbury, daughter of Robert Sainsbury, married name Annabel Kanabus, former director of the HIV/AIDS charity, Sainsbury Institute for the Study of Japanese Arts and Cultures, South Asian Decorative Arts and Crafts Collection Trust, Camilla Sainsbury, daughter of Tim, is married to former MP, This page was last edited on 12 September 2022, at 11:15. Lord David Sainsbury: Lord (David) Sainsbury of Turville was Science Minister in Tony Blair's government from 1998-2007. Design and development by Soapbox, I would like to receive emails from Centre for Cities. [18] He categorically denied that his resignation had anything to do with the "Cash for Peerages" affair, although this was contradicted by subsequent press reports attributed to "Labour insiders" which suggested that his resignation was indeed a direct consequence of the affair.[19]. The supermarket's current chairman and chief executive announced the death of the Baron on Friday evening, saying he had lived a "remarkable life". Find out how to address a member Image: House of Lords 2022 /Photography by Annabel Moeller In 2001, the Sainsbury Trusts donated some $90 million to a wide range of good causes both in Great Britain and abroad. 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%.. John Davan Sainsbury, Baron Sainsbury of Preston Candover, KG (2 November 1927 - 14 January 2022 [2]) was the President of Sainsbury's, a British businessman, and a politician. Read more David Sainsbury at the University of Oxford, Martin Kettle writes in The Guardian about the analysis of Labours political economy in Progressive Capitalism in the context of Ed Milibands speech at Labour Party Conference this week Read more Martin Kettle Comment on Progressive Capitalism, David was interviewed by The Economist about his book, Progressive Capitalism: http://www.economist.com/blogs/prospero/2013/06/progressive-capitalism, General enquiries: office@davidsainsbury.org.uk, Media enquiries: media@davidsainsbury.org.uk, Materials here may be freely reused by media and others giving credit to davidsainsbury.org.uk under the terms of the Creative Commons By-Attribution licence 3.0, Site design by Helpful Technology using WordPress, David Sainsbury at the University of Oxford, Martin Kettle Comment on Progressive Capitalism, Read more about The Gatsby Charitable Foundation , David Sainsbury at the University of Oxford, Martin Kettle Comment on Progressive Capitalism, Creative Commons By-Attribution licence 3.0. His cousins have included Simon Sainsbury, Conservative peer John Sainsbury, Baron Sainsbury of Preston Candover, KG, and former Conservative MP Sir Tim Sainsbury. In the first nine months of 2022 alone, the figure stood at more than 2.7m. Parliamentary career. 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. Lord Sainsbury also visited the University's Advanced Manufacturing Research Centre (AMRC), which carries out world-leading research into advanced machining, manufacturing and materials and has more than 100 industrial partners, ranging from global giants like Boeing, Rolls-Royce, BAE Systems and Airbus to small companies. 251988 The Gatsby Charitable Foundation. Dedicated to the memory of John Sainsbury, 2 November 1927 - 14 January 2022. 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? In the Sunday Times Rich List 2008 his family fortune was estimated at 1.3 billion. 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. David Sainsbury joined J Sainsbury plc in 1963 after graduating from King's College, Cambridge. [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. Find out more about how we use your personal data in our privacy policy and cookie policy. He is Chairman of WE UK (formerly Free The Children) and co-hosts their annual signature event WE Day UK with Holly Branson. Please complete the boxes below and click the submit button. The former chairman of the supermarket chain was 94. 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. [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. Lord Sainsbury of Turville's full title is The Lord Sainsbury of Turville. David Sainsbury Net Worth: David Sainsbury is a British businessman and politician who has a net worth of $1.1 billion. Sainsbury also formerly funded the Progress group, associated with the Labour right, and gave a small donation to a Tory MP in 2018. [27] However in late 2018 he donated 25,000 to Scottish Conservatives MP Luke Graham. By clicking to subscribe, you acknowledge that your information will be transferred to MailChimp for processing. By Peter McLaren-Kennedy 15 January 2022 7:47. Because of his importance to the Labour Party as a donor, contemporary press reports described him as "unsackable". 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. David Sainsbury became Lord Sainsbury of Turville in October, 1997 and was appointed Minister of Science and Innovation from July 1998 until November 2006. David John Sainsbury, Baron Sainsbury of Turville, FRS, HonFREng (born 24 October 1940) is an English politician, businessman and philanthropist. 46K Views 10 Retweets 38 Quote Tweets 51 Likes Peter Green @PeterGreen1966 As a government minister since 1998, his shares were held in a blind trust until 2007. [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. John Sainsbury, Lord Sainsbury of Preston Candover, who has died aged 94, was the driving force behind the family supermarket chain for 23 years as its determined chairman. 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. Ivor Crewe, Anthony King, "SDP: The Birth, Life and Death of the Social Democratic Party", Oxford University Press, 1995, p. 422. BBC News (14 July 2006), "Sainsbury quits 'in anger at loans affair', "Sainsbury sets out a different way of operating", "New Labour group Progress rejects GMB union 'outlaw' threat", "Sainsbury-backed Labour groups fined by Electoral Commission", "Electoral Commission fines Progress Ltd and Movement for Change failure to return impermissible donations", "The public wants to know where companies stand on Brexit", "Lord Sainsbury gives to Labour and Lib Dems", "UK's biggest political donor, Lord Sainsbury, to end his contributions", "Labour benefactor Lord Sainsbury donates 25,000 to Scottish Conservatives MP", "Tories raised three times as much as Labour in pre-election donations", "Lord Sainsbury becomes first Briton to donate more than 1 billion to charity", "Sainsbury David John | P/273 - Sainsbury; David John (1940- present); Baron Sainsbury of Turville; Sainsbury Family; Sainsbury's Chairman; politician | The people that made Sainsbury's | People | Sainsbury Archive", "The Queen opens new plant science laboratory at Cambridge Plant Science", "Sainsbury donates 82m for plant research", "Mill Road shopkeeper to take on Lord Sainsbury for Chancellorship", "Brian Blessed bids to be Cambridge chancellor", "Annual Review 2007: Principal's Review", David Sainsbury, Lord Sainsbury of Turville Official Website, Lord (David) Sainsbury of Turville DTI ministers, The Sainsbury Family and Lord (David) Sainsbury, Lord (David) Sainsbury: UK politics profile, SPEAK Profile of Lord (David) Sainsbury of Turville, David Sainsbury Forbes.com: Forbes World's Richest People, David Sainsbury of Turville and Software Patents, The Sainsbury Laboratory funded by The Sainsbury Family Charitable Trusts, Sainsbury Laboratory Cambridge University, The Centre for Mental Health, funded by The Sainsbury Family Charitable Trusts, Orders of precedence in the United Kingdom, Chancellors of the University of Cambridge, Thomas Pelham-Holles, 1st Duke of Newcastle, John Sainsbury, Baron Sainsbury of Preston Candover, https://en.wikipedia.org/w/index.php?title=David_Sainsbury,_Baron_Sainsbury_of_Turville&oldid=1134482489, Presidents of the British Science Association, Members of the American Philosophical Society, Pages containing links to subscription-only content, Articles lacking in-text citations from September 2022, Short description is different from Wikidata, Articles needing additional references from September 2022, All articles needing additional references, Articles with unsourced statements from April 2020, All Wikipedia articles needing clarification, Wikipedia articles needing clarification from April 2020, Wikipedia articles needing factual verification from April 2020, Articles with unsourced statements from April 2015, Articles with unsourced statements from April 2022, Creative Commons Attribution-ShareAlike License 3.0, In 1994, Sainsbury was appointed as an Honorary, In 2001, he was elected an international member of the, In 2007, he was awarded an honorary degree in science by, In 2007, he was awarded an honorary doctorate from, In 2008, he was awarded an honorary degree in science by the, In 2008, he was made an honorary fellow of the, This page was last edited on 18 January 2023, at 22:48. He gained an MBA from the Columbia Graduate School of Business in New York in 1971 before becoming J Sainsburys Finance Director in 1973, holding the position for 17 years. He subsequently apologised for "unintentionally" misleading the public, blaming a mix-up between the 2 million loan and a 2 million donation he had made earlier. The supermarket's current chairman and chief. On his retirement as chairman, to avoid any conflict of interest, David Sainsbury placed his then 23% stake in Sainsbury's into a "blind" trust, to be administered by lawyer Judith Portrait. On this Wikipedia the language links are at the top of the page across from the article title. Self . The Queen meeting Lord and Lady Sainsbury on May 22 2019 in central London during a celebration of the store's 150th anniversary (Image: Sainsbury's) Group 28 Our free email updates are the best . Sign up to recieve our insights newsletter. John Davan Sainsbury became chairman in 1969 on Sir Robert Sainsbury's retirement. In November 2006 he left government after eight years service to concentrate on his business interests and philanthropy. European Union and British. He became a director two years later and vice-chairman following his fathers retirement in 1967. There is also in the vestibule of this chapel an enamelled plaque which reads: This image can be purchased from Westminster Abbey Library, Image 2023 Dean and Chapter of Westminster. 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.
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