Tim Sainsbury

Last updated

Sir Timothy Sainsbury
Minister of State for Industry
In office
14 April 1992 20 July 1994

Tim Sainsbury joined Sainsbury’s 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 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.[ citation needed ]

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.[ citation needed ]

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 now works for the Company. At the time he vowed "to remain a major and committed shareholder."[ citation needed ]

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.[ citation needed ]

As of August 2009, Tim Sainsbury together with his wife were still thought to own just under 3% of the retailer. The Sainsbury family as a whole control approximately 15% of Sainsbury's.[ citation needed ]

In the Sunday Times Rich List 2008 his family fortune was estimated at £1.3 billion.[ citation needed ]

Political career

Sainsbury was Conservative Member of Parliament for Hove from 1973 to 1997, [1] 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 from 1997 until 2005. He is a Patron of the Tory Reform Group.[ citation needed ] In 2019 he announced his intention to vote Liberal Democrat at the general election. [4]

Charitable works

Sainsbury and his two brothers funded an extension to the National Gallery 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.

He was appointed as a trustee of the Victoria and Albert Museum 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.


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 (an MP who defected from the Conservative Party to Labour). [5] Jessica is married to Peter Frankopan. [1]


Related Research Articles

<span class="mw-page-title-main">George Young, Baron Young of Cookham</span> British Conservative politician

George Samuel Knatchbull Young, Baron Young of Cookham,, known as Sir George Young, 6th Baronet, from 1960 to 2015, is a British Conservative Party politician who served as a Member of Parliament (MP) from 1974 to 2015, having represented Ealing Acton from 1974 to 1997 and North West Hampshire from 1997. He has served in Cabinet on three occasions: as Secretary of State for Transport from 1995 to 1997; as the Leader of the House of Commons and Lord Privy Seal from 2010 to 2012; and as Chief Whip of the House of Commons from 2012 to 2014.

<span class="mw-page-title-main">Tory Reform Group</span> British Conservative Party pressure group

The Tory Reform Group (TRG) is a pressure group associated with the British Conservative Party that works to promote "modern, progressive Conservatism... economic efficiency and social justice" and "a Conservatism that supports equality, diversity and civil liberties", values sometimes associated with Harold Macmillan's "Middle Way" or what the groups consider a moderate one-nation conservatism. Senior figures include Michael Heseltine, Douglas Hurd, Ken Clarke, and Chris Patten.

<span class="mw-page-title-main">Shaun Woodward</span> British politician

Shaun Anthony Woodward is a British politician who served as Secretary of State for Northern Ireland from 2007 to 2010.

<span class="mw-page-title-main">David Sainsbury, Baron Sainsbury of Turville</span> British politician, businessman and philanthropist

David John Sainsbury, Baron Sainsbury of Turville, is a British politician, businessman and philanthropist. From 1992 to 1997, he served as chairman of Sainsbury's, the supermarket chain established by his great grandfather John James Sainsbury in 1869.

Baron Sainsbury was created in 1962 for Alan Sainsbury in the Peerage of the United Kingdom.

John Davan Sainsbury, Baron Sainsbury of Preston Candover, was a British businessman and politician. He served as the President of Sainsbury's, and sat in the House of Lords as a life peer and member of the Conservative Party.

<span class="mw-page-title-main">Roger Gale</span> British Conservative politician

Sir Roger James Gale is a British politician who has served as the member of Parliament (MP) for North Thanet since 1983. He had a career in journalism and broadcasting from 1964, around the same time as he joined the Conservative Party, until 1983. He was knighted in 2012. He was a prominent and vocal critic of Boris Johnson during his leadership of the Conservative Party.

<span class="mw-page-title-main">Bernard Jenkin</span> British Conservative politician

Sir Bernard Christison Jenkin is a British Conservative Party politician serving as Member of Parliament (MP) for Harwich and North Essex since 2010. He also serves as chair of the Liaison Committee. He was first elected to represent Colchester North in 1992, and went on to represent North Essex before the Harwich and North Essex constituency was created.

<span class="mw-page-title-main">Robert Syms</span> British Conservative politician

Sir Robert Andrew Raymond Syms is a Conservative Party politician in the United Kingdom. He has been the Member of Parliament (MP) for Poole in Dorset since 1997. He was granted a knighthood in 2017.

Timothy William George Collins, CBE is a British politician, once a prominent member of the Conservative Party. Collins was active in the 1990s and was later the Member of Parliament (MP) for Westmorland and Lonsdale in north-west England from 1997 until his defeat at the 2005 general election by Tim Farron, later leader of the Liberal Democrats.

<span class="mw-page-title-main">Peter Thorneycroft</span> British politician (1909–1994)

George Edward Peter Thorneycroft, Baron Thorneycroft, was a British Conservative Party politician. He served as Chancellor of the Exchequer between 1957 and 1958.

<span class="mw-page-title-main">David Campbell Bannerman</span> British Conservative Party politician

David Campbell Bannerman is a British Conservative Party politician who served as Member of the European Parliament (MEP) for the East of England from 2009 to 2019. He is currently Chairman of The Freedom Association. He served as Deputy Leader of UK Independence Party (UKIP) from 2006 until 2010, when he was replaced by Paul Nuttall.

<span class="mw-page-title-main">Alan Sainsbury, Baron Sainsbury</span> British business executive (1902–1998)

Alan John Sainsbury, Baron Sainsbury, was a British business executive and a leading member of the supermarket Sainsbury family.

Sir David Laidlaw Knox is a British Conservative Party politician and former Member of Parliament.

Simon David Davan Sainsbury was a British businessman, philanthropist and art collector.

<span class="mw-page-title-main">1997 Prime Minister's Resignation Honours</span>

The 1997 Prime Minister's Resignation Honours were officially announced in two supplements to The London Gazette of 1 August 1997 and marked the May 1997 resignation of the Prime Minister, John Major.

The Sainsbury family founded Sainsbury's, the UK's second-largest supermarket chain. Today, the family has many interests, including business, politics, philanthropy, arts, and sciences.

<span class="mw-page-title-main">Ben Elliot</span> British businessman

Sir Benjamin William Elliot is a British businessman and fund-raiser for the Conservative Party who served as Co-Chairman of the Conservative Party from July 2019 alongside James Cleverly (2019–2020), Amanda Milling (2020–2021), Oliver Dowden (2021–2022), and Andrew Stephenson (2022) before resigning on 5 September 2022. In 2018, Elliot was appointed by Michael Gove, the secretary of state for the environment, as the UK government's first Food Surplus and Waste Champion. Elliot is the co-founder of the Quintessentially Group, a global luxury concierge service, and the co-founder of Hawthorn Advisors, a communications consultancy based in London. He is the nephew of Queen Camilla and thereby also of King Charles III.

Sarah Rose Troughton is the Lord Lieutenant of Wiltshire, appointed with effect from February 2012. She is the first woman to hold the position since it was created in the 16th century. A second cousin of King Charles III, for ten years she was lady-in-waiting to Katharine, Duchess of Kent. In 2022, she became one of the six women appointed as "Queen's companions" to Queen Camilla.

<span class="mw-page-title-main">2016 Conservative Party leadership election</span> British Conservative Party leadership election

The 2016 Conservative Party leadership election was held due to Prime Minister David Cameron's resignation as party leader. He had resigned after losing the national referendum to leave the European Union. Cameron, who supported Britain's continued membership of the EU, announced his resignation on 24 June, saying that he would step down by October. Theresa May won the contest on 11 July 2016, after the withdrawal of Andrea Leadsom left her as the sole candidate.


  1. 1 2 3 4 "Rt. Hon. Sir Timothy Alan Davan Sainsbury". Thepeerage.com. 3 October 2006. Retrieved 10 January 2019.
  2. "Hon. Tim Sainsbury". Hansard. Retrieved 13 May 2021.
  3. "Parliamentary career for Sir Tim Sainsbury - MPs and Lords". UK Parliament. Retrieved 13 May 2021.
  4. Sainsbury, Timothy. "After 60 years as a Tory I'm putting my trust in the Lib Dems".
  5. "Turncoat Tory Shaun Woodward splits with wife of 28 years". The Daily Telegraph. Retrieved 21 October 2016.
Parliament of the United Kingdom
Preceded by Member of Parliament for Hove
Succeeded by