. His name was John Davan Sainsbury. [39] If his election had not been contested by 17 June, he would have assumed office on 1 July. [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. 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. Euro heavyweight 'make contact' with Man Utd as shock Mason Greenwood move takes shape. He received an M.B.A. from the Columbia Graduate School of Business in New York in 1971. The Lord Sainsbury of Preston Candover KG (Grenville 46) 02 November 1927 - 14 January 2022. He had responsibility for the Office of Science and Technology, Innovation, Space, the Bioscience and Chemical Industries, and the Patent Office. Today, the family has many interests, including business, politics, philanthropy, arts, and sciences. He is the nephew of Alan Sainsbury. The Lord Sainsbury of Turville David Sainsbury HonFBA FMedSci HonFREng FRS. 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. 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. John Davan Sainsbury became chairman in 1969 on Sir Robert Sainsbury's retirement. 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. [28], During the 2019 United Kingdom general election campaign Sainsbury donated 8 million to the Liberal Democrats, over half the party's election funding, making its election donations larger than the Labour Party's.[29]. ", "SAINSBURY FACES INQUIRY ABOUT 2m LOAN - FT.com", Ministers quizzed in donor probe. Principal members of the Sainsbury family [ edit] This fall from around 35% increases the possibility of any takeover attempt succeeding. A hostile bid for the company may encounter difficulties, without the full support of the Sainsbury family. 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. [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." 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. "[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. 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. Lord Sainsbury started working in his family's business in. John Davan Sainsbury, Lord Sainsbury of Preston Candover, businessman and philanthropist, born 2 November 1927; died 14 January 2022. 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. [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. particularly during Covid-19", described in the list as "Philanthropist". 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. Lord David Sainsbury Chancellor of the University of Cambridge, UK David Sainsbury read History and Psychology at King's College, Cambridge, and then joined J Sainsbury plc in 1963. [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]. 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. He was appointed as the companys Deputy Chairman in 1988 and became Chairman in 1992. He was Finance Director of J. Sainsbury plc from 1973 to 1990 and Chairman from1992 to 1998. 2023 Centre for Cities Data released on Thursday shows the central party attracted more than 6 million from individuals . By clicking to subscribe, you acknowledge that your information will be transferred to MailChimp for processing. He was Finance Director of J. Sainsbury plc from 1973 to 1990 and Chairman from 1992 to 1998. In 1973 the company was floated on the stock market in what was described as the biggest flotation to that time, the family owning 85% of the stock, though that decreased substantially over time as shares were redirected to the familys web of charitable trusts and foundations. Perhaps more than. Between 2001 and 2011 he provided 2 million of funding for Progress. 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. Registered Charity No. He was Finance Director of J. Sainsbury plc from 1973 through 1990, Deputy Chairman from 1988 through 1992, and Chairman from 1992 through 1998. He was the son of Alan Sainsbury, Baron Sainsbury, and the nephew of Sir Robert . Judith Portrait, Sainsbury's solicitors, holds a blind trust for Lord Sainsbury of Turville, as well as other settlements. CONTACT US + 44 207 451 2500 (Lines open Mon-Fri, 9:00-17:00. David Sainsbury became Lord Sainsbury of Turville in October, 1997. Archie Bland and Nimo Omer take you through the top stories and what they mean, free every weekday morning. Sarah Sainsbury, daughter of John Davan Sainsbury, married to Hon. The equity interest in Sainsbury's held by the family as of May 2011 is 15%. Lord Sainsbury of Preston Candover is deceased. David John Sainsbury, Baron Sainsbury of Turville, FRS, HonFREng (born 24 October 1940) is an English politician, businessman and philanthropist. He received the Andrew Carnegie Medal for Philanthropy on behalf of the Sainsbury family in 2003. 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. 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. Sainsbury's current CEO Simon Roberts described him as "one of the great retailers of his time". He received an M.B.A. from the Columbia Graduate School of Business in New York in 1971. He introduced oven-ready frozen chickens and the simple but powerful slogan "Good Food Costs Less at Sainsbury's" in 1959. 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? . 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 family sold down their stake from 35% in 2005. 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. Born David John Sainsbury on 24 October 1940, he came into riches after. Perhaps more than anyone else he secured its position as one of the countrys leading food shops. In the first nine months of 2022 alone, the figure stood at more than 2.7m. 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. 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. 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? CIIP brings together the Centre for Science, Technology & Innovation Policy at the Institute for Manufacturing, the Policy Links Unit from IfM Engage, and the Babbage Policy Forum. 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 . David Sainsbury joined J Sainsbury plc in 1963 after graduating from King's College, Cambridge. He retained the presidency of the company and led successful family opposition to a takeover bid by private equity companies in 2007. However, he says that along with his wealth he has . 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 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. 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. [citation needed]. 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. 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. He sat in the House of Lords as a member of the Conservative Party. 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. His cousins have included Simon Sainsbury, Conservative peer John Sainsbury, Baron Sainsbury of Preston Candover, KG, and former Conservative MP Sir Tim Sainsbury. During his 40-year career with the. 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. 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. Excludes bank holidays) 6-9 Carlton House Terrace, London SW1Y 5AG . [45] The family live in the Manor of Turville in Turville, Buckinghamshire.
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