Find out how to address a member Image: House of Lords 2022 /Photography by Annabel Moeller 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. On this Wikipedia the language links are at the top of the page across from the article title. The Manor once belonged to the abbey at St Albans, but was seized by the Crown in the Dissolution of the Monasteries in 1547. The former chair of the supermarket chain was a big donor to Blair and Brown but cut off his support under Corbyn. The supermarket's current chairman and chief. The Hon. Registered Charity No. [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. . Lord Sainsbury started working in his family's business in 1950, initially taking on a role in the grocery department. Its very hard not to be enthusiastic working at the Abbey. Clare Sainsbury, daughter of David Sainsbury, wrote, The Hon. An earlier version said the 50m Sainsbury wing to the National Gallery was described by the Prince of Wales as a monstrous carbuncle, but that description related to a previous proposal to extend the building. This active involvement of the Foundations settlor means Gatsby operates in areas that David Sainsbury is particularly passionate about, and where he believes charitable funding can make a real difference. Terms. He sat in the House of Lords as a member of the Conservative Party. Lord David Sainsbury: Lord (David) Sainsbury of Turville was Science Minister in Tony Blair's government from 1998-2007. Registered Charity No. particularly during Covid-19", described in the list as "Philanthropist". 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. In 2001, the Sainsbury Trusts donated some $90 million to a wide range of good causes both in Great Britain and abroad. He was knighted in 1980, and given a life peerage in 1989. 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. This is the contact form to use for any general enquiries. Its efforts intensified during last years Labour conference and are now said to be bearing fruit. [3], Sainsbury and his wife, Susan Carroll (ne Reid), a former teacher, have three daughters. 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. He was the group's Finance Director from 1973 to 1990, during which time the company grew rapidly. 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 . He introduced oven-ready frozen chickens and the simple but powerful slogan "Good Food Costs Less at Sainsbury's" in 1959. The Sainsbury family as a whole control approximately 15% of Sainsbury's. [39] If his election had not been contested by 17 June, he would have assumed office on 1 July. Sarah Sainsbury, daughter of John Davan Sainsbury, married to Hon. 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. 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. The former chairman and chief executive of major supermarket giant Sainsbury's, Lord Sainsbury of Preston Candover, has died aged 94. privacy policy. 251988 The Gatsby Charitable Foundation. The Gatsby Charitable Foundation, The Peak, 5 Wilton Road, London, SW1V 1AP. 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? He left J Sainsbury in 1998 after being appointed as Minister of Science and Innovation in the UK Government. He was Financial Controller from 1971 to 1973, just before the company's flotation. 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. 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. jack the ripper documentary channel 5 / ravelry crochet leg warmers / lord sainsbury contact. Nov 5th 1998 |. Sainsbury also formerly funded the Progress group, associated with the Labour right, and gave a small donation to a Tory MP in 2018. 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. [41][42] On 20 June, socialist barrister Michael Mansfield became the third candidate to oppose Sainsbury. * 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. The Tories traditionally raise huge sums from finance and business figures. Voting record. He received an M.B.A. from the Columbia Graduate School of Business in New York in 1971. 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. lord sainsbury contact. Lord Sainsbury of Preston Candover. The Sainsbury family (also Lord Sainsbury and family and incorrectly the Sainsbury's family) founded Sainsbury's, the UK's second-largest supermarket chain. 5 Jun. 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. Find out more about how we use your personal data in our privacy policy and cookie policy. Lord Sainsbury, whose mantra was "retail is in the detail" retired from his role as chief executive and chairman in 1992. He is the nephew of Alan 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. Sainsbury has been a long-time patron of the socialist society Scientists for Labour. A hostile bid for the company may encounter difficulties, without the full support of the Sainsbury family. In the Sunday Times Rich List 2008 his family fortune was estimated at 1.3 billion. 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. Stowe School. 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. He became a director of the company in 1958, followed by Deputy Chairman in 1967, a role which he took over from his father. Ivor Crewe, Anthony King, "SDP: The Birth, Life and Death of the Social Democratic Party", Oxford University Press, 1995, p. 249, 251. 15 January 2022. [2] He served in the government as Parliamentary Under-Secretary of State for Science and Innovation from 1998 and 2006. I have a life-long interest in education and have supported many projects in schools and universities through my Charitable Foundation. [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. 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. David John Sainsbury, Baron Sainsbury of Turville, HonFRS, HonFREng[1] (24 October 1940) is a British politician, businessman and philanthropist. Dedicated to the memory of John Sainsbury, 2 November 1927 - 14 January 2022. He was deputy chairman from 1988 to 1992. The equity interest in Sainsbury's held by the family as of May 2011 is 15%. 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. [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. Sarah Sainsbury, daughter of John Davan Sainsbury, married to Hon. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. By clicking to subscribe, you acknowledge that your information will be transferred to MailChimp for processing. [citation needed]. [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". The manor house has since been rebuilt as Turville Park, a fine stately home in the village. Sainsbury joined the family firm, then known as J. Sainsbury Ltd., in 1963, working in the personnel department. Replying to . . 020 7803 4300. 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. 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. Ivor Crewe, Anthony King, "SDP: The Birth, Life and Death of the Social Democratic Party", Oxford University Press, 1995, p. 94. In announcing the passing, Scicluna said: "We are all deeply saddened to learn of the death of our Life . He is also a donor to Blair's Labour Party. Donations to Labour jumped by nearly a quarter to 4.7m understood to be the highest quarterly figure for six years. The Sainsbury family has also set up a number of buildings, to house their various interests. 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. The other theory could be that the most senior members of the family, with previous stakes of over 3% (the reportable stock exchange shareholding threshold), could have simply transferred some of their shares to their children (who previously held few shares), rather than having sold shares onto the open market. He was elected Chancellor of the University of Cambridge in October 2011. [3] He also made the largest donation in British political history, giving 8 million to the Liberal Democrats.[4]. In October 1997 he was made a life peer, becoming Lord Sainsbury of Turville. 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 retained the presidency of the company and led successful family opposition to a takeover bid by private equity companies in 2007. Today, the family has many interests, including business, politics, philanthropy, arts, and sciences. David John Sainsbury, Baron Sainsbury of Turville, FRS, HonFREng (born 24 October 1940) is an English politician, businessman and philanthropist. Born John Sainsbury, his 40-year career with the. 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. 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. 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%.. The Sainsbury family also has varying political interests. [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. 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 . He retained the presidency of the company and led successful family opposition to a takeover bid by private equity companies in 2007. 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. [4] Adrian Kanabus has set up Adrians Charity.[5]. As chairman, he pioneered fresh and frozen foods, and increased Sainsbury's own label range. He is the author of Progressive Capitalism: How to Achieve Economic Growth, Liberty and Social Justice, which was published in May 2013. registered in England (No6215397). He sat in the House of Lords as a member of the Conservative Party. He could be a temperamental boss. Sainsburys last large donation to Labour was in 2016, when he gave the party more than 2m. Centre for Cities is a registered charity (No1119841) and a company limited by guarantee 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. 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. 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. Lord Sainsbury meets retailer's chairman. [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. 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. Archie Bland and Nimo Omer take you through the top stories and what they mean, free every weekday morning. His championing and bankrolling of pro-EU groups could also be used by the Tories to attack Labour. It was a period of rapid change in the grocery business. David Sainsbury became Lord Sainsbury of Turville in October, 1997. The former chairman and chief executive of supermarket chain Sainsbury's, Lord Sainsbury of Preston Candover, has died aged 94, the company has announced. He was Finance Director of J. Sainsbury plc from 1973 1990, Deputy Chairman from 1988 1992, and Chairman from 1992 1998. [20], Sainsbury has also been associated with the Institute for Public Policy Research and Progress. 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. He was Finance Director of J. Sainsbury plc from 1973 to 1990 and Chairman from1992 to 1998. David Sainsbury read History and Psychology at Kings College, Cambridge and received an M.B.A. from the Columbia Graduate School of Business in New York. He was Finance Director of J. Sainsbury plc from 1973 to 1990 and Chairman from 1992 to 1998. 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. Lady Sainsbury is a Trustee of the Royal Academy of Music. Private donations to the Labour party have hit a 14-year high, thanks to the Sainsbury family. The last family member to work for the company was Tim Sainsbury who retired as a non-executive director in 1999. At the time, the Lib Dems were fighting on a fiercely anti-Brexit platform. From 1992 to 1997, he served as chairman of Sainsbury's, the supermarket chain established by his great grandfather John James Sainsbury in 1869. 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. Sainsbury's share price increased on the day of this announcement. 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. Save. Lord Sainsbury of Turville's full title is The Lord Sainsbury of Turville. He is the founder of the Gatsby Charitable Foundation, Centre for Cities and the Institute for Government. Lord Sainsbury was a regular donor to the Labour party for years but surprised Westminster by giving the beleaguered Lib Dems two donations totalling a massive 2.1million in 2016. Mark Sainsbury, son of John Davan Sainsbury. 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..