He is the founder of the Gatsby Charitable Foundation, Centre for Cities and the Institute for . That does not include the latest 2m gift. He received an M.B.A. from the Columbia Graduate School of Business in New York in 1971. 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. John Julian Sainsbury, son of John Davan Sainsbury, The Hon. [2] He served in the government as Parliamentary Under-Secretary of State for Science and Innovation from 1998 and 2006. During 2016 he had donated 260,000 to Progress in addition to backing "Remain" organisations. Principal members of the Sainsbury family [ edit] 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. The last family member to work for the company was Tim Sainsbury who retired as a non-executive director in 1999. Ivor Crewe, Anthony King, "SDP: The Birth, Life and Death of the Social Democratic Party", Oxford University Press, 1995, p. 249, 251. 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. He was Finance Director of J. Sainsbury plc from 1973 through 1990, Deputy Chairman from 1988 through 1992, and Chairman from 1992 through 1998. 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. 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 donations were typically earmarked to specific projects rather than general day-to-day operations. David Sainsbury became Lord Sainsbury of Turville in October, 1997 and was appointed Minister of Science and Innovation from July 1998 until November 2006. 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. At the end of May 2001 the total holding of these trusts amounted to 28 per cent of the Company's share capital[10]. He was Chair of Savacentre from 1984 to 1993, during which time the hypermarkets business grew slowly. Between the flotation in 1973 and John Sainsburys retirement in 1992 the companys market capitalisation rose from 117m to over 8bn. [45] The family live in the Manor of Turville in Turville, Buckinghamshire. David Sainsbury Net Worth: David Sainsbury is a British businessman and politician who has a net worth of $1.1 billion. Because of his importance to the Labour Party as a donor, contemporary press reports described him as "unsackable". The Sainsbury family (also Lord Sainsbury and family and incorrectly the Sainsbury's family) founded Sainsbury's, the UK's second-largest supermarket chain. Dedicated to the memory of John Sainsbury, 2 November 1927 - 14 January 2022. Parliamentary career Experience Focus areas Voting record Spoken contributions Written questions Official portrait Parliamentary career Lord John Sainsbury of Preston Candover - the former chairman of the supermarket chain - has died aged 94. However, he says that along with his wealth he has . Lord Sainsbury of Preston Candover. 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.. 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. The Sainsbury family has also set up a number of buildings, to house their various interests. "[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. He was the beloved husband of Anya, Lady Sainsbury, the adored father to Sarah, Julian and Mark and a much loved . Celia Sainsbury (married name Celia Blakey) set up the Celia Blakey Charitable Trust which makes grants to various other charities. He is the author of Progressive Capitalism: How to Achieve Economic Growth, Liberty and Social Justice, which was published in May 2013. It also signals that the race to raise funds before the next election has already begun. Quarry announced he had left the Conservatives during Liz Trusss leadership, declaring that she and her then chancellor, Kwasi Kwarteng, were zealots following a policy of GCSE economics. Robert Butler-Sloss, son of Elizabeth Butler-Sloss, Baroness Butler-Sloss. 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. On this Wikipedia the language links are at the top of the page across from the article title. Starmers leadership received a ringing endorsement from Sainsbury, but the donation may cause controversy on the Labour left. 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. 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 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. Private donations to the Labour party have hit a 14-year high, thanks to the Sainsbury family. The older man was a staunch Tory, as was his younger brother, Tim, an MP and former business minister. As a government minister since 1998, his shares were held in a blind trust until 2007. He was Finance Director of J. Sainsbury plc from 1973 to 1990 and Chairman from 1992 to 1998. 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 retained the presidency of the company and led successful family opposition to a takeover bid by private equity companies in 2007. 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. 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. He sat in the House of Lords as a member of the Conservative Party. 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 . [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. Among them, in collaboration with other family members, was the 50m Sainsbury wing to the National Gallery. This contains the Sainsbury coat of arms among many others who were donors or fundraisers and was designed by John Lawson. During his 40-year career with the firm . 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. Contact. Lord Sainsbury started working in his family's business in. 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. David Sainsbury was born into a strong family tradition of philanthropy. He is survived by Anya, their two sons, John Julian and Mark, and a daughter, Sarah. Learn more about MailChimp's privacy practices That makes him one of the Liberal Democrats' biggest donors . Experience. Nov 5th 1998 |. Sarah Sainsbury, daughter of John Davan Sainsbury, married to Hon. Anya Lucy Sainsbury, daughter of David Sainsbury, The Hon. . He had responsibility for the Office of Science and Technology, Innovation, Space, the Bioscience and Chemical Industries, and the Patent Office. [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. 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 . particularly during Covid-19", described in the list as "Philanthropist". Its very hard not to be enthusiastic working at the Abbey. His cousins have included Simon Sainsbury, Conservative peer John Sainsbury, Baron Sainsbury of Preston Candover, KG, and former Conservative MP Sir Tim Sainsbury. 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. 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. Today, the family has many interests, including business, politics, philanthropy, arts, and sciences. [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]. Businessman who oversaw the rise of the family firm, J Sainsbury, which became the largest supermarket in Britain. 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. 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 is a major donor to the University of Cambridge and, in 2011, was elected Chancellor of the University of Cambridge. 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 was the group's Finance Director from 1973 to 1990, during which time the company grew rapidly. 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. Sainsbury also formerly funded the Progress group, associated with the Labour right, and gave a small donation to a Tory MP in 2018. British politician, businessman and philanthropist, David Sainsbury, Baron Sainsbury of Turville, Chancellor of the University of Cambridge. David John Sainsbury, Baron Sainsbury of Turville, HonFRS, HonFREng[1] (24 October 1940) is a British politician, businessman and philanthropist. 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. Donations to Labour jumped by nearly a quarter to 4.7m understood to be the highest quarterly figure for six years. He was Finance Director of J. Sainsbury plc from 1973 to 1990 and Chairman from1992 to 1998. [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. 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. Lord Sainsbury at a Wedding in Berkshire. The Sainsbury family as a whole control approximately 15% of Sainsbury's. David Sainsbury became Lord Sainsbury of Turville in October, 1997. 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. 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. Parliamentary career. He is the founder of the Gatsby Charitable Foundation, Centre for Cities and the Institute for Government. In 1956, Sainsbury became chairman after the death of his father, John Benjamin. Honorary Fellow. Sainsbury, who served as science minister under Blair, said he did not want the ability to raise cash to be a big factor in the forthcoming election. 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. 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. [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. In the Sunday Times Rich List 2008 his family fortune was estimated at 1.3 billion. I have a life-long interest in education and have supported many projects in schools and universities through my Charitable Foundation. He was known to descend unannounced on stores for terrifying inspections and interrogations of local managers. Lord Sainsbury of Turville's full title is The Lord Sainsbury of Turville. Lord Sainsbury gave the UK's biggest ever political donation to the Liberal Democrats in the run up to last year's election, only for the party to lose a seat and its leader. The manor house has since been rebuilt as Turville Park, a fine stately home in the village. 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. [17] On 10 November 2006, he resigned as Science Minister, stating that he wanted to focus on business and charity work. Feb 25. 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. 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. 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. 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.. 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). 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 . David Sainsbury joined J Sainsbury plc in 1963 after graduating from King's College, Cambridge. [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. registered in England (No6215397). 1m? In the first nine months of 2022 alone, the figure stood at more than 2.7m. 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. Clare Sainsbury, daughter of David Sainsbury, wrote, The Hon. The Sainsbury family (also Lord Sainsbury and family and incorrectly the Sainsbury's family) founded Sainsbury's, the UK's second-largest supermarket chain. Sainsburys return follows the defection of multimillionaire Conservative donor Gareth Quarry, who has given Labour 100,000 and promised more. [4] Adrian Kanabus has set up Adrians Charity.[5]. Elected: 2008. [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. Snapshot. 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%.. He then completed an MBA at Columbia Business School in the United States. 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. 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 became Lord Sainsbury of Turville in October 1997 and was appointed Minister of Science and Innovation from July 1998 until November 2006. 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. View Site Tips Help Centre Contact Us About Us Accessibility myFT Tour Careers. When he became chairman in 1969 the fourth generation in the family firm since its foundation in the mid-19th century its profit of 4.3m was half that of Tesco and a ninth of Marks and Spencer. Your CA . He could be a temperamental boss. He sat in the House of Lords as a member of the Conservative Party. His name is David John Sainsbury, and he has retired from the House of Lords. Sainsburys last large donation to Labour was in 2016, when he gave the party more than 2m. Perhaps more than anyone else he secured its position as one of the countrys leading food shops. Fran Perrin, his daughter, also gave the party a 500,000 donation in 2022. Sainsbury founded the Gatsby Charitable Foundation in 1967. 2023 Centre for Cities 020 7803 4300. David Sainsbury retains a sizeable shareholding in his family's supermarket chain (around 5.85%). 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. He is the nephew of Alan Sainsbury. Biography. CONTACT US + 44 207 451 2500 (Lines open Mon-Fri, 9:00-17:00. Terms. 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. 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. 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. 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 appointed as Chancellor of Cambridge University in 2011. 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. Ivor Crewe, Anthony King, "SDP: The Birth, Life and Death of the Social Democratic Party", Oxford University Press, 1995, p. 422. During his 40-year career with the. jack the ripper documentary channel 5 / ravelry crochet leg warmers / lord sainsbury contact. Martin Scicluna, current Chair of Sainsbury's, has announced that Lord John Sainsbury of Preston Candover has passed away. Robert Butler-Sloss, son of, The Hon. Registered Charity No. 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. He retained the presidency of the company and led successful family opposition to a takeover bid by private equity companies in 2007. He is an Honorary FREng (Honorary FEng 1994), an Honorary FRS 2008, and an Honorary FMedSci 2008. He was the son of Alan Sainsbury, Baron Sainsbury, and the nephew of Sir Robert . On this Wikipedia the language links are at the top of the page across from the article title. The Hon. Lord Sainsbury of Turville, Elected as Chancellor of Cambridge University. Celia Sainsbury, daughter of Robert Sainsbury, married name Celia Blakey, had issue: Michael Robert Blakey, son of Celia Blakey, Annabel Sainsbury, daughter of Robert Sainsbury, married name Annabel Kanabus, former director of the HIV/AIDS charity, Sainsbury Institute for the Study of Japanese Arts and Cultures, South Asian Decorative Arts and Crafts Collection Trust, Camilla Sainsbury, daughter of Tim, is married to former MP, This page was last edited on 12 September 2022, at 11:15. [41][42] On 20 June, socialist barrister Michael Mansfield became the third candidate to oppose Sainsbury. 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. Search: David Sainsbury. Spoken contributions. [40] Four days later, a group of Cambridge University alumni successfully drafted actor Brian Blessed as an alternative candidate. 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. In 2003 Sainsbury was granted the Andrew Carnegie Medal for Philanthropy. His full title was The Lord Sainsbury of Preston Candover KG. Ivor Crewe, Anthony King, "SDP: The Birth, Life and Death of the Social Democratic Party", Oxford University Press, 1995, p. 94. David John Sainsbury, Baron Sainsbury of Turville, HonFRS, HonFREng [1] (24 October 1940) is a British politician, businessman and philanthropist. Lord Sainsbury, whose mantra was "retail is in the detail" retired from his role as chief executive and chairman in 1992. 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. 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. 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. [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." I have a life-long interest in education and have supported many projects in schools and universities through my Charitable Foundation. 10,000? He was deputy chairman from 1988 to 1992. 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. Sainsbury's share price increased on the day of this announcement. Today, the family has many interests, including business, politics, philanthropy, arts, and sciences. [27] However in late 2018 he donated 25,000 to Scottish Conservatives MP Luke Graham. Judith Portrait, Sainsbury's solicitors, holds a blind trust for Lord Sainsbury of Turville, as well as other settlements. Sainsbury has been a long-time patron of the socialist society Scientists for Labour. . Sainsbury's current CEO Simon Roberts described him as "one of the great retailers of his time". The Sainsbury family are also major benefactors to English Heritage and the National Trust for Places of Historic Interest or Natural Beauty. John Sainsbury, who passed away on 14 January, aged 94, is remembered for his business acumen, but he also had an avid interest in archaeology and the arts. He was Chairman of the Governing Body of the London Business School from 1991 1998 and founded and chairs the Institute for Government. Voting record. In November 2006 he left government after eight years service to concentrate on his business interests and philanthropy. In 2013 his book Progressive Capitalism: How to Achieve Economic Growth, Liberty and Social Justice was published. 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. Served as chairman and chief executive from 1969-92. He was appointed as the companys Deputy Chairman in 1988 and became Chairman in 1992. David Sainsbury began his professional career when he joined the UK retailer J Sainsbury plc in 1963. 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. [34] He set up the Sainsbury Management Fellowship scheme in 1987 to develop UK engineers into leaders in industry. 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. 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 former chairman and chief executive of major supermarket giant Sainsbury's, Lord Sainsbury of Preston Candover, has died aged 94. Appointed to the board in 1958. 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. This is the contact form to use for any general enquiries. 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]. [20], Sainsbury has also been associated with the Institute for Public Policy Research and Progress. He is also a donor to Blair's Labour Party. Finally in 1969, he was appointed Chairman and Chief Executive until his retirement in 1992. 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. ", "SAINSBURY FACES INQUIRY ABOUT 2m LOAN - FT.com", Ministers quizzed in donor probe. The equity interest in Sainsbury's held by the family as of May 2011 is 15%.
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