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. [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. Alan John Sainsbury, pioneer of self-service, died on October 21st, aged 96. [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. Judith Portrait, Sainsbury's solicitors, holds a blind trust for Lord Sainsbury of Turville, as well as other settlements. . Please complete the boxes below and click the submit button. Cambridge Industrial Innovation Policy is based at the Institute for Manufacturing (IfM), a division of the University of Cambridges Department of Engineering. 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. Moved into trading as a biscuit buyer. 020 7803 4300. [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. 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. The supermarket's current chairman and chief executive announced the death of the Baron on Friday evening, saying he had lived a "remarkable life". ", "SAINSBURY FACES INQUIRY ABOUT 2m LOAN - FT.com", Ministers quizzed in donor probe. 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. The same. He was knighted in 1980, and given a life peerage in 1989. Sarah Sainsbury, daughter of John Davan Sainsbury, married to Hon. . 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. 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. 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. 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 . 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. The equity interest in Sainsbury's held by the family as of May 2011 is 15%. Terms. His donations were typically earmarked to specific projects rather than general day-to-day operations. lord sainsbury contact2nd battalion, 4th field artillery regiment. 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. As a government minister since 1998, his shares were held in a blind trust until 2007. Newsletter. Lord Sainsbury, whose mantra was "retail is in the detail" retired from his role as chief executive and chairman in 1992. Design and development by Soapbox, I would like to receive emails from Centre for Cities. 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. He retained the presidency of the company and led successful family opposition to a takeover bid by private equity companies in 2007. 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. [2] He served in the government as Parliamentary Under-Secretary of State for Science and Innovation from 1998 and 2006. Lord Sainsbury at a Wedding in Bershire. 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.. Perhaps more than anyone else he secured its position as one of the countrys leading food shops. [33] By 2009 the foundation had given 660 million to a range of charitable causes. While a boost for Starmer, the news will cause controversy on the partys left. Sainsbury has given many millions over decades, but his last big gift to the general Labour pot was back in 2010. Appointed to the board in 1958. . 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. This brought to an end 129 years of management of the group by the Sainsbury family. 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. Donations from companies and wealthy individuals to Labour stood at less than 400,000 in 2020. [17] On 10 November 2006, he resigned as Science Minister, stating that he wanted to focus on business and charity work. 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. Snapshot. He is the founder of the Gatsby Charitable Foundation, Centre for Cities and the Institute for Government. 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. 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. Donations to Labour jumped by nearly a quarter to 4.7m understood to be the highest quarterly figure for six years. 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. [45] The family live in the Manor of Turville in Turville, Buckinghamshire. David Sainsbury became Lord Sainsbury of Turville in October, 1997 and was appointed Minister of Science and Innovation from July 1998 until November 2006. The Lord Sainsbury of Preston Candover KG (Grenville 46) 02 November 1927 - 14 January 2022. 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. 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. John Julian Sainsbury, son of John Davan Sainsbury, The Hon. 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. info@centreforcities.org Lord Sainsbury of Preston Candover is deceased. He introduced oven-ready frozen chickens and the simple but powerful slogan "Good Food Costs Less at Sainsbury's" in 1959. He gave both Labour & Lib Dems c.2m each in 2016, but ring-fenced for their Remain campaign . The former chairman and chief executive of supermarket chain Sainsbury's, Lord Sainsbury of Preston Candover, has died aged 94, the company has announced. CONTACT US + 44 207 451 2500 (Lines open Mon-Fri, 9:00-17:00. Discussion. 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. We, AOL, are part of the Yahoo family of brands. [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]. David Sainsbury who is a grocer and a politician is also one of Britain's richest men and was a multi-millionaire by the time he was in his 20s. Donations to the Tories actually fell by 40% in the third quarter of last year the last quarter for which figures are available. 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]. A loan, no questions asked? Despite . He sat in the House of Lords as a member of the Conservative Party. He was the son of Alan Sainsbury, Baron Sainsbury, and the nephew of Sir Robert . 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. It also signals that the race to raise funds before the next election has already begun. Robert Butler-Sloss, son of Elizabeth Butler-Sloss, Baroness Butler-Sloss. David Sainsbury Net Worth: David Sainsbury is a British businessman and politician who has a net worth of $1.1 billion. 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. 46K Views 10 Retweets 38 Quote Tweets 51 Likes Peter Green @PeterGreen1966 The Sainsbury family as a whole control approximately 15% of Sainsbury's. registered in England (No6215397). He was elected Chancellor of the University of Cambridge in October 2011. By clicking to subscribe, you acknowledge that your information will be transferred to MailChimp for processing. 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. 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. Mr JD, as he was known within the company, was said to be a retailer to his fingertips, personally tasting each of the companys product lines before it went on sale and approving all packaging designs. Martin Scicluna, current Chair of Sainsbury's, has announced that Lord John Sainsbury of Preston Candover has passed away. 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. Cambridge Industrial Innovation Policy, 17 Charles Babbage Road, Cambridge, CB3 0FS. The Hon. Dedicated to the memory of John Sainsbury, 2 November 1927 - 14 January 2022. View Site Tips Help Centre Contact Us About Us Accessibility myFT Tour Careers. 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. 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. Forty million of those came from from the "blind" trust, which held Lord Sainsbury's shares while he was a member of the Government as Science Minister. This is the contact form to use for any general enquiries. Its very hard not to be enthusiastic working at the Abbey. This is the contact form to use for any general enquiries. 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. He also wants to reunite the country around an agenda of economic growth and social justice, which is one I strongly support. The party was also overtaken by Labour over the period. Lord David Sainsbury: Lord (David) Sainsbury of Turville was Science Minister in Tony Blair's government from 1998-2007. [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. [31][32] In 1993, he donated 200 million of Sainsbury's shares to the Foundation's assets. 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. The Sainsbury family (also Lord Sainsbury and family and incorrectly the Sainsbury's family) founded Sainsbury's, the UK's second-largest supermarket chain. In November 2006 he left government after eight years service to concentrate on his business interests and philanthropy. The older man was a staunch Tory, as was his younger brother, Tim, an MP and former business minister. John Davan Sainsbury became chairman in 1969 on Sir Robert Sainsbury's retirement. The Sainsbury family also has varying political interests. The former chair of the supermarket chain was a big donor to Blair and Brown but cut off his support under Corbyn. During his 40-year career with the. Served as chairman and chief executive from 1969-92. 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. Self . 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.. John Davan Sainsbury, Lord Sainsbury of Preston Candover, businessman and philanthropist, born 2 November 1927; died 14 January 2022. 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. More recently, he gave a huge 8m donation the biggest ever from an individual to the Lib Dems before the 2019 election. 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. 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. The manor house has since been rebuilt as Turville Park, a fine stately home in the village. On this Wikipedia the language links are at the top of the page across from the article title. Product ID: 2682768 / SCAN-IND-02682768. In announcing the passing, Scicluna said: "We are all deeply saddened to learn of the death of our Life . 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 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. The family sold down their stake from 35% in 2005. [27] However in late 2018 he donated 25,000 to Scottish Conservatives MP Luke Graham. 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. Between 2001 and 2011 he provided 2 million of funding for Progress. However, he gave the same amount to the Liberal Democrats, and the funding to both parties was ringfenced for their doomed efforts campaigning to keep Britain inside the European Union. 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. 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. lord sainsbury contact. Clare Sainsbury, daughter of David Sainsbury, wrote, The Hon. Lord Sainsbury of Preston Candover. Save. 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. [35], Sainsbury has donated 127 million of the Gatsby Charitable Foundation's money to Cambridge University in the last decade: he gave 45 million to the Cambridge University Botanic Garden in 2005. 1m? He had responsibility for the Office of Science and Technology, Innovation, Space, the Bioscience and Chemical Industries, and the Patent Office. 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.
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