@michaelsavage. Before that, his last large donation to Labours central party funding pot was in 2010. 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. 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 was deputy chairman from 1988 to 1992. He was the son of Alan Sainsbury, Baron Sainsbury, and the nephew of Sir Robert . The Sainsbury family (also Lord Sainsbury and family and incorrectly the Sainsbury's family) founded Sainsbury's, the UK's second-largest supermarket chain. 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. He is also a donor to Blair's Labour Party. He is survived by Anya, their two sons, John Julian and Mark, and a daughter, Sarah. The equity interest in Sainsbury's held by the family as of May 2011 is 15%. 251988 The Gatsby Charitable Foundation. Contact. Sainsbury joined the family firm, then known as J. Sainsbury Ltd., in 1963, working in the personnel department. Lord Sainsbury of Preston Candover obituary Fourth-generation head of the family supermarket chain and generous philanthropist to the arts whose mantra was 'retail is detail' Tuesday January 18. 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. Lord Sainsbury at a Wedding in Berkshire. Lord Sainsbury of Preston Candover's decision to split his 3.89% holding in Sainsbury's between other members of his family in December 2006 suggests that the family may not have sold as many shares as previously thought. 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. David Sainsbury became Lord Sainsbury of Turville in October, 1997. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. This is the contact form to use for any general enquiries. He was the group's Finance Director from 1973 to 1990, during which time the company grew rapidly. In 2001, the Sainsbury Trusts donated some $90 million to a wide range of good causes both in Great Britain and abroad. David John Sainsbury, Baron Sainsbury of Turville, HonFRS, HonFREng [1] (24 October 1940) is a British politician, businessman and philanthropist. CONTACT US + 44 207 451 2500 (Lines open Mon-Fri, 9:00-17:00. Lord Sainsbury started working in his family's business in 1950, initially taking on a role in the grocery department. 251988 The Gatsby Charitable Foundation. 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. The former chair of the supermarket chain was a big donor to Blair and Brown but cut off his support under CorbynKeir Starmer's 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.David Sainsbury, who was consistently one of the largest donors under the last Labour . It was a period of rapid change in the grocery business. From 1992 to 1997, he served as chairman of Sainsbury's, the supermarket chain established by his great grandfather John James Sainsbury in 1869. He is also a Member of the World Presidents' Organization, the Global Leadership Foundation and was on the Advisory Board of the British Olympic Association for the London 2012 Olympic Games. Data released on Thursday shows the central party attracted more than 6 million from individuals . 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.. Terms. His donations were typically earmarked to specific projects rather than general day-to-day operations. David Sainsbury began his professional career when he joined the UK retailer J Sainsbury plc in 1963. He became a director in 1966. A loan, no questions asked? [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. [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. When he retired on his 65th birthday in 1992, the company had overtaken its rivals to become the largest supermarket in Britain, had branched out into the Homebase do-it-yourself chain, launched in the US by taking over a supermarket group there, and was recording an annual profit of 628m. 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.. 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 made a life peer in 1997 as a member of the Labour Party, and was on a leave of absence from the House of Lords from 15 July 2013 to his retirement 2021. Lord John Sainsbury will be remembered for his devotion to the arts and cultural sector, alongside his other charitable interests, which include education access for young people, homelessness, independent living for older people, and humanitarian aid. [38], In 2011, Sainsbury was formally proposed by the Nominations Board of Cambridge University to succeed the Duke of Edinburgh as Chancellor of the University of Cambridge. The Sainsbury family also has varying political interests. Lord Sainsbury of Turville, Elected as Chancellor of Cambridge University. [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". Stowe School. He was appointed as Chancellor of Cambridge University in 2011. At this point, David Sainsbury, who had wanted to step down at the end of 1997, made a surprise announcement of his retirement as chairman to pursue his long-held ambition to have a career in politics, after "32 enjoyable and fulfilling years" working for Sainsbury's. [3], Sainsbury and his wife, Susan Carroll (ne Reid), a former teacher, have three daughters. lord sainsbury contact2nd battalion, 4th field artillery regiment. The Sainsbury family has also set up a number of buildings, to house their various interests. Please note that fraudsters are currently sending emails reporting to be from Gatsby - we do not contact people offering grants from webmail accounts, and urge you to please report any such emails to help others stay safe. He received an M.B.A. from the Columbia Graduate School of Business in New York in 1971. He was an honorary fellow of his old college for many years. 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. Save. [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). Thanks to Keir Starmers leadership, the Labour party is in a strong and positive financial position, having experienced significant growth in income throughout 2022, leaving us debt and deficit-free., Original reporting and incisive analysis, direct from the Guardian every morning, David Sainsbury: Keir Starmer wants to reunite the country around an agenda of growth and social justice, which is one I strongly support.. He was Finance Director of J. Sainsbury plc from 1973 1990, Deputy Chairman from 1988 1992, and Chairman from 1992 1998. Donations to Labour jumped by nearly a quarter to 4.7m understood to be the highest quarterly figure for six years. [34] In 2009, he allocated a further 465 million to the foundation, making him the first Briton to donate more than 1 billion to charity. 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. In 2007 he produced for the Government a review of the Governments science and innovation policies, The Race To The Top. Born John Sainsbury, his 40-year career with the. Feb 25. Today, the family has many interests, including business, politics, philanthropy, arts, and sciences. This fall from around 35% increases the possibility of any takeover attempt succeeding. 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. 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. David Sainsbury read History and Psychology at Kings College, Cambridge, and then joined J Sainsbury plc in 1963. [45] The family live in the Manor of Turville in Turville, Buckinghamshire. Lord David Sainsbury, who is going to accept the Andrew Carnegie Medal of Philanthropy today on behalf of the family, established Gatsby in 1967. In 1956, Sainsbury became chairman after the death of his father, John Benjamin. Ivor Crewe, Anthony King, "SDP: The Birth, Life and Death of the Social Democratic Party", Oxford University Press, 1995, p. 422. 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 . I have a life-long interest in education and have supported many projects in schools and universities through my Charitable Foundation. After receiving the item, contact seller within Refund will be given as Returns shipping; 30 days: Money Back: Buyer pays for return shipping: Refer to eBay Return policy opens in a new tab or window for more details. Judith Portrait, Sainsbury's solicitors, holds a blind trust for Lord Sainsbury of Turville, as well as other settlements. [9], Along with David Owen, Sainsbury opposed merging the SDP with the Liberal Party after the 1987 election, and provided office space for Owen to help him re-establish a separate political party, which was created in 1988. particularly during Covid-19", described in the list as "Philanthropist". The largest shareholder is the Qatar Investment Authority, the investment vehicle of the Qatari royal family of the Gulf Kingdom, who as of May 2011 holds 25.999% of the company. 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. A Labour spokesperson said: Donors are coming back to Labour because they can see we are a changed party that is serious about getting into government and building a fairer, greener, more dynamic Britain. The Lord Sainsbury of Turville David Sainsbury HonFBA FMedSci HonFREng FRS. Learn more about MailChimp's privacy practices Finally in 1969, he was appointed Chairman and Chief Executive until his retirement in 1992. Ivor Crewe, Anthony King, "SDP: The Birth, Life and Death of the Social Democratic Party", Oxford University Press, 1995, p. 94. Sainsbury has been a long-time patron of the socialist society Scientists for Labour. Sainsbury has given many millions over decades, but his last big gift to the general Labour pot was back in 2010. He also wants to reunite the country around an agenda of economic growth and social justice, which is one I strongly support. David John Sainsbury, Baron Sainsbury of Turville, FRS, HonFREng (born 24 October 1940) is an English politician, businessman and philanthropist. . [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. Principal members of the Sainsbury family [ edit] He is Chairman of WE UK (formerly Free The Children) and co-hosts their annual signature event WE Day UK with Holly Branson. From 1992 to 1997, he served as chairman of Sainsbury's, the supermarket chain established by his great grandfather John James Sainsbury in 1869. The supermarket's current chairman and chief executive announced the death of the Baron on Friday evening, saying he had lived a "remarkable life". 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. His book,Windows of Opportunity: How Nations Create Wealthwas published in February 2020. Elected: 2008. 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. [15][16], In July 2006, he became the first government minister to be questioned by police in the "Cash for Peerages" inquiry. The Hon. He was known to descend unannounced on stores for terrifying inspections and interrogations of local managers. He gave both Labour & Lib Dems c.2m each in 2016, but ring-fenced for their Remain campaign . John McDonnell, the shadow chancellor under Corbyn, has previously suggested that the peer should be expelled for his support of the Lib Dems. On JD Sainsbury's retirement as chairman and chief executive on 2 November 1992, David Sainsbury became chairman. Lord David Sainsbury: Lord (David) Sainsbury of Turville was Science Minister in Tony Blair's government from 1998-2007. Find out more about how we use your personal data in our privacy policy and cookie policy. The former chairman and chief executive of major supermarket giant Sainsbury's, Lord Sainsbury of Preston Candover, has died aged 94. Newsletter. He sat in the House of Lords as a member of the Conservative Party. In the first nine months of 2022 alone, the figure stood at more than 2.7m. It is highly unusual for a minister to stay in the same job so long. 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. 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 appointed as the companys Deputy Chairman in 1988 and became Chairman in 1992. The Head, the Board of Governors and all those involved with the Old Stoic Society were profoundly sad to hear of the death of The Rt Hon the Lord Sainsbury of Preston Candover KG, (Grenville '46) on Friday 14 January. Wednesday, 28 February, 2007. He was the beloved husband of Anya, Lady Sainsbury, the adored father to Sarah, Julian and Mark and a much loved . 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. Sign up to recieve our insights newsletter. [14][verification needed], In April 2006, it was reported Sainsbury "faced a possible probe into an alleged breach of the ministerial code after admitting he had failed to disclose a 2 million loan he had made to the Labour Party despite publicly stating that he had." The news comes as insiders say that the party is now debt- and deficit-free after facing significant bills for legal action, redundancies and falling membership revenue that left it plunging into the red at the start of last year. He is an Honorary FREng (Honorary FEng 1994), an Honorary FRS 2008, and an Honorary FMedSci 2008. Name: John Davan Sainsbury Title: Baron Sainsbury of Preston Candover Born: 1927, eldest son of Alan Sainsbury (Baron Sainsbury of Drury Lane) Education: Stowe and Worcester College, Oxford (reading history) Career: joined Sainsbury's in 1950. The same. Mark Sainsbury, son of John Davan Sainsbury. 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. 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. The son of Sir Robert Sainsbury (19062000) and Lisa Ingeborg (ne van den Bergh; 19122014),[5] Sainsbury attended Eton College before going on to earn a degree in History and Psychology at King's College, Cambridge. Sainsbury married the former ballet dancer Anya Linden in 1963 and the couple established the Linbury charitable trust a combination of their two names to channel donations eventually totalling more than 150m to projects largely devoted to art and the performing arts, heritage and educational projects. [17] On 10 November 2006, he resigned as Science Minister, stating that he wanted to focus on business and charity work. He was elected Chancellor of the University of Cambridge in October 2011. 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. [23][24], Sainsbury funded the "Remain" side of the 2016 European Union membership referendum campaign,[25] giving 2,150,000 to the Labour and 2,125,000 to the Liberal Democrats "Remain" campaigns. The Hon. . David John Sainsbury, Baron Sainsbury of Turville, HonFRS, HonFREng[1] (24 October 1940) is a British politician, businessman and philanthropist. [13] He gave another 500,000 on 15 December 2008, making a total of 18.5 million. "[37], In 2013, together with his wife Susie, he joined the Giving Pledge, the group started by Warren Buffett and Bill and Melinda Gates, pledging to donate half his fortune to charitable trusts during his lifetime. . His full title was The Lord Sainsbury of Preston Candover KG. British politician, businessman and philanthropist, David Sainsbury, Baron Sainsbury of Turville, Chancellor of the University of Cambridge. David Sainsbury (Lord Sainsbury of Turville) is a British businessman, politician and philanthropist.He was Science Minister in Tony Blair's government from July 1998 until 10 November 2006. He received an M.B.A. from the Columbia Graduate School of Business in New York in 1971. Focus areas. If you would like to customise your choices, click 'Manage privacy settings'. John Sainsbury felt the business stagnated under his successor, whose chief interest was in science and who left the chairmanship in 1998 to become a minister in Tony Blairs government. 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. 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. Please complete the boxes below and click the submit button. According to the directors' report of 2001, "Christopher Stone, Andrew Cahn and John Rosenheim are . Spoken contributions. Although there were senior management changes, which included David relinquishing the chief executive's role to Dino Adriano and becoming non-executive chairman, there were no new directors or outsiders appointed to the senior management team. He became a director of the company in 1958, followed by Deputy Chairman in 1967, a role which he took over from his father. privacy policy. Search: David Sainsbury. [citation needed] He is associated with[vague] the Labour Friends of Israel. Euro heavyweight 'make contact' with Man Utd as shock Mason Greenwood move takes shape. Sainsbury's share price increased on the day of this announcement. He is the founder of the Gatsby Charitable Foundation, and in 2003 received, on behalf of the Sainsbury family, the Andrew Carnegie Medal for Philanthropy. 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. Perhaps more than anyone else he secured its position as one of the countrys leading food shops. The older man was a staunch Tory, as was his younger brother, Tim, an MP and former business minister. David Sainsbury, who was consistently one of the largest donors under the last Labour government before withdrawing his support, has now renewed his backing with his first multimillion-pound donation since 2016. Archie Bland and Nimo Omer take you through the top stories and what they mean, free every weekday morning. He was elected Chancellor of the University of Cambridge in October 2011. This contains the Sainsbury coat of arms among many others who were donors or fundraisers and was designed by John Lawson. 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. He was Financial Controller from 1971 to 1973, just before the company's flotation. Centre for Cities is a registered charity (No1119841) and a company limited by guarantee He was appointed Minister of Science and Innovation from July 1998 until November 2006, and had responsibility for the Office of Science and Technology, Innovation, Space, the Bioscience and Chemical Industries, and the Patent Office. 020 7803 4300. When David Sainsbury announced his intention to give away 1 billion to charity in 2005, his 23% stake was sold down, eventually to 12.9% by early 2007. 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. He retained the presidency of the company and led successful family opposition to a takeover bid by private equity companies in 2007. He gained an MBA from the Columbia Graduate School of Business in New York in 1971 before becoming J Sainsbury's Finance Director in 1973, holding the position for 17 years. Lord Sainsbury, who is currently on leave of absence from the House of Lords, donated more than 4.2m to nine different Remain groups, under four different aliases. Cambridge Industrial Innovation Policy, 17 Charles Babbage Road, Cambridge, CB3 0FS. He became Lord Sainsbury of Turville in October 1997 and was appointed Minister of Science and Innovation from July 1998 until November 2006. The former chair of the supermarket chain was a big donor to Blair and Brown but cut off his support under Corbyn. 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. He left J Sainsbury in 1998 after being appointed as Minister of Science and Innovation in the UK Government. 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. The supermarket's current chairman and chief. I am proud to be a Cambridge graduate and know both British and foreign universities as a result of my eight . 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. Sarah Sainsbury, daughter of John Davan Sainsbury, married to Hon. Sainsbury joined the Labour Party in the 1960s, but was one of the 100 signatories of the 'Limehouse Declaration' in an advertisement in The Guardian on 5 February 1981;[7] he went on to be a member of the Social Democratic Party (SDP) formed by the authors of the Declaration. In October 1997 he was made a life peer, becoming Lord Sainsbury of Turville. You can unsubscribe at any time by clicking the link in the footer of our emails. The former chairman of the supermarket chain was 94. Appointed to the board in 1958. The Sainsbury family are also major benefactors to English Heritage and the National Trust for Places of Historic Interest or Natural Beauty. here. During 2016 he had donated 260,000 to Progress in addition to backing "Remain" organisations. 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. While a boost for Starmer, the news will cause controversy on the partys left. 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. The Gatsby Charitable Foundation, The Peak, 5 Wilton Road, London, SW1V 1AP. He had responsibility for the Office of Science and Technology, Innovation, Space, the Bioscience and Chemical Industries, and the Patent Office. [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. Martin Scicluna, current Chair of Sainsbury's, has announced that Lord John Sainsbury of Preston Candover has passed away. Product ID: 2682768 / SCAN-IND-02682768. Moved into trading as a biscuit buyer. lord sainsbury contact. Lord Sainsbury meets retailer's chairman. 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. IN 1949 Alan Sainsbury returned to Britain from a voyage of discovery to the United States. Discussion. 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.