lord sainsbury contact

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. Robert Butler-Sloss, son of, The Hon. That makes him one of the Liberal Democrats' biggest donors . 46K Views 10 Retweets 38 Quote Tweets 51 Likes Peter Green @PeterGreen1966 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. [2] He served in the government as Parliamentary Under-Secretary of State for Science and Innovation from 1998 and 2006. He was the son of Alan Sainsbury, Baron Sainsbury, and the nephew of Sir Robert . [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]. Over his long, active life he had two careers: as the titan that transformed the family grocery firm of Sainsburys into an iconic part of British life, and no less importantly, as a philanthropist who championed all aspects of the arts . 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. 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. 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. In 2007 he produced for the Government a review of the Governments science and innovation policies, The Race To The Top. Born David John Sainsbury on 24 October 1940, he came into riches after. For information about our privacy practices, please visit our 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. 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. He was Finance Director of J. Sainsbury plc from 1973 1990, Deputy Chairman from 1988 1992, and Chairman from 1992 1998. Lord Sainsbury of Preston Candover. CONTACT US + 44 207 451 2500 (Lines open Mon-Fri, 9:00-17:00. Lord Sainsbury of Preston Candover, life president of supermarket chain Sainsbury's and a Conservative peer, has died aged 94. Discussion. 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. However, some shares which have been sold were definitely sold to the open market (according to Miss Judith Portrait, the trustee for many Sainsbury family settlements). Registered Charity No. [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. Sainsburys last large donation to Labour was in 2016, when he gave the party more than 2m. Snapshot. Today, the family has many interests, including business, politics, philanthropy, arts, and sciences. He sat in the House of Lords as a member of the Conservative Party. Lord Sainsbury, whose mantra was "retail is in the detail" retired from his role as chief executive and chairman in 1992. David Sainsbury was born into a strong family tradition of philanthropy. Lord Sainsbury of Turville's full title is The Lord Sainsbury of Turville. [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. registered in England (No6215397). David Sainsbury retains a sizeable shareholding in his family's supermarket chain (around 5.85%). He received the Andrew Carnegie Medal for Philanthropy on behalf of the Sainsbury family in 2003. Robert Butler-Sloss, son of Elizabeth Butler-Sloss, Baroness Butler-Sloss. 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. Principal members of the founding family of the UK supermarket chain Sainsbury's are: No family member works for the company, although John Davan Sainsbury is the Life President of the firm. 15 January 2022. Perhaps more than. He is an Honorary FREng (Honorary FEng 1994), an Honorary FRS 2008, and an Honorary FMedSci 2008. 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. [34] He set up the Sainsbury Management Fellowship scheme in 1987 to develop UK engineers into leaders in industry. He retained the presidency of the company and led successful family opposition to a takeover bid by private equity companies in 2007. He is Chairman of WE UK (formerly Free The Children) and co-hosts their annual signature event WE Day UK with Holly Branson. Lord David Sainsbury, who is going to accept the Andrew Carnegie Medal of Philanthropy today on behalf of the family, established Gatsby in 1967. Before that, his last large donation to Labours central party funding pot was in 2010. He received an M.B.A. from the Columbia Graduate School of Business in New York in 1971. He was known to descend unannounced on stores for terrifying inspections and interrogations of local managers. [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]. Centre for Cities is a registered charity (No1119841) and a company limited by guarantee 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. Between the flotation in 1973 and John Sainsburys retirement in 1992 the companys market capitalisation rose from 117m to over 8bn. Lord Sainsbury returns to Labour with 2m donation after cutting ties during Corbyn era Adam Forrest February 26, 2023, 9:18 AM Sir Keir Starmer has been given a 2m boost from a major New. From July 1998 to November 2006, he held the office of Parliamentary Under-Secretary of State for Science and Innovation at the Department of Trade and Industry, serving in the House of Lords and accepting no salary. [13] He gave another 500,000 on 15 December 2008, making a total of 18.5 million. In 2001, the Sainsbury Trusts donated some $90 million to a wide range of good causes both in Great Britain and abroad. 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. 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 . 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. 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. On this Wikipedia the language links are at the top of the page across from the article title. 5 Jun. He gave both Labour & Lib Dems c.2m each in 2016, but ring-fenced for their Remain campaign . 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. 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. 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. [4] Adrian Kanabus has set up Adrians Charity.[5]. ", "SAINSBURY FACES INQUIRY ABOUT 2m LOAN - FT.com", Ministers quizzed in donor probe. John McDonnell, the shadow chancellor under Corbyn, has previously suggested that the peer should be expelled for his support of the Lib Dems. 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]. Clare Sainsbury, daughter of David Sainsbury, wrote, The Hon. Please complete the boxes below and click the submit button. Excludes bank holidays) 6-9 Carlton House Terrace, London SW1Y 5AG . Celia Sainsbury (married name Celia Blakey) set up the Celia Blakey Charitable Trust which makes grants to various other charities. Euro heavyweight 'make contact' with Man Utd as shock Mason Greenwood move takes shape. This article was amended on 17 January 2022. 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. David Sainsbury joined J Sainsbury plc in 1963 after graduating from King's College, Cambridge. Lord Sainsbury of Preston Candover is deceased. 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. On this Wikipedia the language links are at the top of the page across from the article title. He was Finance Director of J. Sainsbury plc from 1973 to 1990 and Chairman from 1992 to 1998. 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. Lord Sainsbury at a Wedding in Bershire. [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. He was the group's Finance Director from 1973 to 1990, during which time the company grew rapidly. Its efforts intensified during last years Labour conference and are now said to be bearing fruit. funfetti pancake mix cookies lord sainsbury contact. He was elected Chancellor of the University of Cambridge in October 2011. The Tories traditionally raise huge sums from finance and business figures. Despite . Between 2001 and 2011 he provided 2 million of funding for Progress. 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. . 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. The Sainsbury family also has varying political interests. Private donations to the Labour party have hit a 14-year high, thanks to the Sainsbury family. Its very hard not to be enthusiastic working at the Abbey. @michaelsavage. 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. 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 was appointed as Chancellor of Cambridge University in 2011. [45] The family live in the Manor of Turville in Turville, Buckinghamshire. Sainsbury has given many millions over decades, but his last big gift to the general Labour pot was back in 2010. 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 . 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. However, he says that along with his wealth he has . here. He left J Sainsbury in 1998 after being appointed as Minister of Science and Innovation in the UK Government. I am proud to be a Cambridge graduate and know both British and foreign universities as a result of my eight . We are very grateful for all support, large or small, as we gear up to fight the next general election. Today, the family has many interests, including business, politics, philanthropy, arts, and sciences. Find out how to address a member Image: House of Lords 2022 /Photography by Annabel Moeller Founding family of the UK supermarket chain, Sainsbury's, Principal members of the Sainsbury family, The Sainsbury family charitable interests, Learn how and when to remove this template message, John Davan Sainsbury, Baron Sainsbury of Preston Candover, Elizabeth Butler-Sloss, Baroness Butler-Sloss, David Sainsbury, Baron Sainsbury of Turville, Susan Carroll, The Lady Sainsbury of Turville, DBE, Sainsbury Laboratory Cambridge University, School of Art History and World Art Studies, National Trust for Places of Historic Interest or Natural Beauty, John Sainsbury, Baron Sainsbury of Preston Candover, "Marcus Rashford tops The Sunday Times Giving List 2021", "20 years of the Giving List by Alsastair McCall | CAF", The Sainsbury Archive Sainsbury family page, https://en.wikipedia.org/w/index.php?title=Sainsbury_family&oldid=1109885885, Articles needing additional references from October 2021, All articles needing additional references, Creative Commons Attribution-ShareAlike License 3.0, The Hon. He was the beloved husband of Anya, Lady Sainsbury, the adored father to Sarah, Julian and Mark and a much loved . Mark Sainsbury, son of John Davan Sainsbury. Principal members of the Sainsbury family [ edit] Sign up to recieve our insights newsletter. lord sainsbury contact. [44] She was appointed DBE in the 2022 Birthday Honours, for "services to the Arts, 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. The Manor once belonged to the abbey at St Albans, but was seized by the Crown in the Dissolution of the Monasteries in 1547. * 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. [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. Copyright 2023 Cambridge Industrial Innovation Policy, Chancellor of the University of Cambridge, UK. [33] By 2009 the foundation had given 660 million to a range of charitable causes. I have a life-long interest in education and have supported many projects in schools and universities through my Charitable Foundation. The former chairman and chief executive of supermarket chain Sainsbury's, Lord Sainsbury of Preston Candover, has died aged 94, the company has announced. Terms. The flagship of this fleet of trusts is the Gatsby Charitable Foundation. 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%.. David John Sainsbury, Baron Sainsbury of Turville, HonFRS, HonFREng[1] (24 October 1940) is a British politician, businessman and philanthropist. Ivor Crewe, Anthony King, "SDP: The Birth, Life and Death of the Social Democratic Party", Oxford University Press, 1995, p. 422. Lord Sainsbury at a Wedding in Berkshire. 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. . This contains the Sainsbury coat of arms among many others who were donors or fundraisers and was designed by John Lawson. 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. 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 is the founder of the Gatsby Charitable Foundation, and in 2003 received, on behalf of the Sainsbury family, the Andrew Carnegie Medal for Philanthropy. It was a period of rapid change in the grocery business. 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. 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. 1m? Nov 5th 1998 |. [36] In 2011, Cambridge's Sainsbury Laboratory opened, paid for by an 82 million donation from the Gatsby Foundation made in 2008. The same. Product ID: 2682768 / SCAN-IND-02682768. Profits fell the next year, but rose in 1998. Parliamentary career. "[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. In the Sunday Times Rich List 2008 his family fortune was estimated at 1.3 billion. Perhaps more than anyone else he secured its position as one of the countrys leading food shops. In announcing the passing, Scicluna said: "We are all deeply saddened to learn of the death of our Life . His donations were typically earmarked to specific projects rather than general day-to-day operations. All Gatsbys funds have come from David Sainsbury, and he and the Gatsby Trustees set our strategic direction and approve all activities. [31][32] In 1993, he donated 200 million of Sainsbury's shares to the Foundation's assets. The Sainsbury family are also major benefactors to English Heritage and the National Trust for Places of Historic Interest or Natural Beauty. Born John Sainsbury, his 40-year career with the. He was also a member of the cabinet biotechnology committee, Sci-Bio, responsible for national policy on GM crops and foods, and as such . Sainsbury founded the Gatsby Charitable Foundation in 1967. 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. . While a boost for Starmer, the news will cause controversy on the partys left. 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. The supermarket's current chairman and chief executive announced the death of the Baron on Friday evening, saying he had lived a "remarkable life". He was elected Chancellor of the University of Cambridge in October 2011. 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. lord sainsbury contact. Businessman who oversaw the rise of the family firm, J Sainsbury, which became the largest supermarket in Britain. 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. privacy policy. 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. 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. Voting record. Alternatively you can write to us at: The Peak, 5 Wilton Road, London, SW1V 1AP Tel:+44 (0)20 7410 0330 Choose Area The Gatsby Charitable Foundation, The Peak, 5 Wilton Road, London, SW1V 1AP. Remembering Lord Sainsbury. Simon Sainsbury (1930-2006), son of Alan Sainsbury, quiet philanthropist who gave away 100 . [20], Sainsbury has also been associated with the Institute for Public Policy Research and Progress. 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. This brought to an end 129 years of management of the group by the Sainsbury family. 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. 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. David Sainsbury became Lord Sainsbury of Turville in October, 1997 and was appointed Minister of Science and Innovation from July 1998 until November 2006. 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. During John Sainsburys chairmanship all the remaining 82 counter-service branches were closed and 313 large supermarkets replaced the previous 244 stores. 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. Spoken contributions. 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. 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. 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 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. 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. If you would like to customise your choices, click 'Manage privacy settings'. During his 40-year career with the firm . 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.. Learn more about MailChimp's privacy practices The Gatsby Charitable Foundation is an endowed grant-making trust established in 1967 by David Sainsbury which acts as the enabler for projects across a small number of selected fields. 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. 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. Biography. 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 . Lord Sainsbury of Turville, Elected as Chancellor of Cambridge University. He received an M.B.A. from the Columbia Graduate School of Business in New York in 1971. 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. At the time, the Lib Dems were fighting on a fiercely anti-Brexit platform. 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. His championing and bankrolling of pro-EU groups could also be used by the Tories to attack Labour. 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, who served as a science minister under Tony Blair and made a peer in 1997, donated 4.2million to nine different Remain groups, using four different aliases. He had responsibility for the Office of Science and Technology, Innovation, Space, the Bioscience and Chemical Industries, and the Patent Office. He is the nephew of Alan Sainsbury. 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. His full title was The Lord Sainsbury of Preston Candover KG. I am proud to be a Cambridge graduate and know both British and foreign universities as a result of my eight years as Minister of Science and Innovation. Finally in 1969, he was appointed Chairman and Chief Executive until his retirement in 1992. Sainsbury also formerly funded the Progress group, associated with the Labour right, and gave a small donation to a Tory MP in 2018. 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. 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. [3] He also made the largest donation in British political history, giving 8 million to the Liberal Democrats.[4]. He was Finance Director of J. Sainsbury plc from 1973 through 1990, Deputy Chairman from 1988 through 1992, and Chairman from 1992 through 1998. 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. 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. Lord David Sainsbury: Lord (David) Sainsbury of Turville was Science Minister in Tony Blair's government from 1998-2007. [41][42] On 20 June, socialist barrister Michael Mansfield became the third candidate to oppose Sainsbury. Lord Sainsbury started working in his family's business in. He was Finance Director of J. Sainsbury plc from 1973 to 1990 and Chairman from1992 to 1998. View Site Tips Help Centre Contact Us About Us Accessibility myFT Tour Careers. 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. [10] The 'continuing' SDP was wound up in 1990, and Sainsbury changed allegiance back to the Labour Party, rejoining them in 1996. 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. 251988 The Gatsby Charitable Foundation. 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". [3], Sainsbury and his wife, Susan Carroll (ne Reid), a former teacher, have three daughters. The former chairman and chief executive of major supermarket giant Sainsbury's, Lord Sainsbury of Preston Candover, has died aged 94.

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