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Sir Timothy Alan Davan Sainsbury (born 11 June 1932) is a
Conservative Conservatism is a cultural, social, and political philosophy and ideology that seeks to promote and preserve traditional institutions, customs, and values. The central tenets of conservatism may vary in relation to the culture and civiliza ...
politician and businessman in the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...
.


Early life

Sainsbury is the youngest son of Alan Sainsbury, Baron Sainsbury, and his wife Doreen. His elder brothers are the late Lord Sainsbury of Preston Candover, a former chairman of
Sainsbury's J Sainsbury plc, trading as Sainsbury's, is a British supermarket and the second-largest chain of supermarkets in the United Kingdom. Founded in 1869 by John James Sainsbury with a shop in Drury Lane, London, the company was the largest UK r ...
, and the late Simon Sainsbury. Lord Sainsbury of Turville, a former Labour Minister for Science, is a cousin. His great-grandparents, John James Sainsbury and Mary Ann Staples, established a grocer's at 173
Drury Lane Drury Lane is a street on the boundary between the Covent Garden and Holborn areas of London, running between Aldwych and High Holborn. The northern part is in the borough of London Borough of Camden, Camden and the southern part in the City o ...
in 1869, which became the British
supermarket A supermarket is a self-service Retail#Types of outlets, shop offering a wide variety of food, Drink, beverages and Household goods, household products, organized into sections. Strictly speaking, a supermarket is larger and has a wider selecti ...
chain
Sainsbury's J Sainsbury plc, trading as Sainsbury's, is a British supermarket and the second-largest chain of supermarkets in the United Kingdom. Founded in 1869 by John James Sainsbury with a shop in Drury Lane, London, the company was the largest UK r ...
.


Education

Sainsbury was educated at Sandroyd School,
Eton College Eton College ( ) is a Public school (United Kingdom), public school providing boarding school, boarding education for boys aged 13–18, in the small town of Eton, Berkshire, Eton, in Berkshire, in the United Kingdom. It has educated Prime Mini ...
, and
Worcester College, Oxford Worcester College ( ) is a constituent college of the University of Oxford in England. The college was founded in 1714 by the benefaction of Sir Thomas Cookes, 2nd Baronet (1648–1701) of Norgrove, Worcestershire, whose coat of arms was ad ...
.


Business career

Tim Sainsbury joined
Sainsbury's J Sainsbury plc, trading as Sainsbury's, is a British supermarket and the second-largest chain of supermarkets in the United Kingdom. Founded in 1869 by John James Sainsbury with a shop in Drury Lane, London, the company was the largest UK r ...
in 1956. In 1959 he became deputy to Fred Salisbury (the first non-Sainsbury director of the company). He was appointed Director of Estates, Architects and Engineers in 1962. In this role he was in charge of converting all the remaining counter service shops to self-service, and modernising the earlier self-service shops. When the Company listed on the
London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
on 12 July 1973, as J Sainsbury plc, his family at the time kept control with an 85% stake. Whilst his cousin, David Sainsbury, inherited his father Robert Sainsbury's entire 18% shareholding, Tim Sainsbury had to split his father Alan Sainsbury's 18% stake with his brothers JD Sainsbury and Simon Sainsbury, and so they held 6% each. It is believed that Sir Robert Sainsbury gave David Sainsbury his entire shareholding (rather than split it between David and his three daughters) so that David would have more votes at the table, considering John Davan Sainsbury, who became chairman in 1969 on Sir Robert Sainsbury's retirement, had a forceful, autocratic style of leadership, whereas David was always more cautious. Tim Sainsbury stepped down from the board in 1983 to further pursue his career in politics. In 1992 his brother JD Sainsbury retired and was succeeded as chairman and chief executive by his cousin, David Sainsbury. Tesco overtook Sainsbury's to become the UK's largest supermarket chain in 1995. As a result, it is believed that JD Sainsbury asked Tim to re-join Sainsbury's as a non-executive director in 1995 to support David. David stepped down in 1998 to pursue a career in politics, and in 1999, Tim stepped down as non-executive director, meaning no member of the
Sainsbury family The Sainsbury family (also Lord Sainsbury and family and incorrectly the Sainsbury's family) founded Sainsbury's, the UK's second-largest supermarket chain. Today, the family has many interests, including business, politics, philanthropy, arts, and ...
now works for the Company. At the time he vowed "to remain a major and committed shareholder." On 13 January 2006, the company was notified that Sir Timothy Sainsbury no longer has a notifiable interest in the company's issued share capital, such interest now being below 3%. His wife, who had held the other half of his 6% stake, dropped her interest in Sainsbury's below 3% the previous week. As of August 2009, Tim Sainsbury together with his wife were still thought to own just under 3% of the retailer. The
Sainsbury family The Sainsbury family (also Lord Sainsbury and family and incorrectly the Sainsbury's family) founded Sainsbury's, the UK's second-largest supermarket chain. Today, the family has many interests, including business, politics, philanthropy, arts, and ...
as a whole control approximately 15% of Sainsbury's. In the Sunday Times Rich List 2008 his family fortune was estimated at £1.3 billion.


Political career

Sainsbury was
Conservative Conservatism is a cultural, social, and political philosophy and ideology that seeks to promote and preserve traditional institutions, customs, and values. The central tenets of conservatism may vary in relation to the culture and civiliza ...
Member of Parliament for
Hove Hove ( ) is a seaside resort in East Sussex, England. Alongside Brighton, it is one of the two main parts of the city of Brighton and Hove. Originally a fishing village surrounded by open farmland, it grew rapidly in the 19th century in respon ...
from 1973 to 1997, and served as a junior minister, holding a number of Ministerial posts in the previous Conservative administration including those of Minister of State for Trade (1990–92) and Minister for Industry (1992–94). He was president of the Hove Conservative Association from 1998 until 2002 and was President of the
Conservative Friends of Israel Conservative Friends of Israel (CFI) is a British parliamentary group affiliated to the Conservative Party, which is dedicated to strengthening control over business, cultural and political ties between the United Kingdom and Israel, as well as ...
from 1997 until 2005. He is a Patron of the Tory Reform Group. In 2019 he announced his intention to vote Liberal Democrat at the general election.


Charitable works

Sainsbury and his two brothers funded an extension to the
National Gallery The National Gallery is an art museum in Trafalgar Square in the City of Westminster, in Central London, England. Founded in 1824, it houses a collection of more than 2,300 paintings dating from the mid-13th century to 1900. The current di ...
at a cost of around £50 million, which opened in 1991 as the Sainsbury Wing. He was Chairman of the Somerset House Trust from 1997 until 2002, and was president of a £25m campaign for
Worcester College, Oxford Worcester College ( ) is a constituent college of the University of Oxford in England. The college was founded in 1714 by the benefaction of Sir Thomas Cookes, 2nd Baronet (1648–1701) of Norgrove, Worcestershire, whose coat of arms was ad ...
. He was appointed as a trustee of the
Victoria and Albert Museum The Victoria and Albert Museum (abbreviated V&A) in London is the world's largest museum of applied arts, decorative arts and design, housing a permanent collection of over 2.8 million objects. It was founded in 1852 and named after Queen ...
on 17 December 2003 and was re-appointed on 17 December 2007. Tim Sainsbury is Chairman of the V&A's International Council, which aims to secure major donations for the FuturePlan.


Family

He has two daughters, Camilla (born 1962) and Jessica (born 1970), and two sons, James (born 1962) and Alexander (born 1968). Camilla was married until late 2015 to
Shaun Woodward Shaun Anthony Woodward (born 26 October 1958) is a British politician who served as Secretary of State for Northern Ireland from 2007 to 2010. A former television researcher and producer, Woodward began his political career in the Conservativ ...
(an MP who defected from the Conservative Party to Labour). Jessica is married to
Peter Frankopan Peter Frankopan (born 22 March 1971) is a British historian, writer, and hotelier. He is a professor of global history at Worcester College, Oxford, and the Director of the Oxford Centre for Byzantine Research. He is a fellow of the Royal Asiati ...
.


Honours

* In 1992 he was appointed a member of the
Privy Council of the United Kingdom The Privy Council, formally His Majesty's Most Honourable Privy Council, is a privy council, formal body of advisers to the sovereign of the United Kingdom. Its members, known as privy counsellors, are mainly senior politicians who are curre ...
, giving him the
honorific An honorific is a title that conveys esteem, courtesy, or respect for position or rank when used in addressing or referring to a person. Sometimes, the term "honorific" is used in a more specific sense to refer to an Honorary title (academic), h ...
title "
The Right Honourable ''The Right Honourable'' (abbreviation: The Rt Hon. or variations) is an honorific Style (form of address), style traditionally applied to certain persons and collective bodies in the United Kingdom, the former British Empire, and the Commonwealt ...
". * In the 1995 New Year Honours list he was awarded a
knighthood A knight is a person granted an honorary title of a knighthood by a head of state (including the pope) or representative for service to the monarch, the church, or the country, especially in a military capacity. The concept of a knighthood ...
. This entitles him to be referred to as "Sir Timothy Sainsbury".


References


The Sainsbury Archive: Tim Sainsbury


External links

* {{DEFAULTSORT:Sainsbury, Timothy Alan Davan, Sir 1932 births Living people English people of Dutch-Jewish descent Alumni of Worcester College, Oxford Members of the Privy Council of the United Kingdom Conservative Party (UK) MPs for English constituencies People educated at Eton College People educated at Sandroyd School Tim Sainsbury UK MPs 1970–1974 UK MPs 1974 UK MPs 1974–1979 UK MPs 1979–1983 UK MPs 1983–1987 UK MPs 1987–1992 UK MPs 1992–1997 Knights Bachelor Jewish British politicians Politicians from Brighton and Hove Sons of life peers