Rt Hon Lord Sainsbury
Desert Island Discs
BBC
4.3 • 14.3K Ratings
🗓️ 11 October 1992
⏱️ 36 minutes
🧾️ Download transcript
Summary
Sue Lawley's castaway is businessman and politician Lord Sainsbury.
Favourite track: String Quintet In C Second Movement by Franz Schubert Book: The New Oxford Book of English Verse Luxury: Bed
Transcript
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| 0:00.0 | Hello, I'm Kirstie Young, and this is a podcast from the Desert Island Discs Archive. |
| 0:05.0 | For rights reasons, we've had to shorten the music. |
| 0:08.1 | The program was originally broadcast in 1992, and the presenter was Sue Lawley. |
| 0:13.2 | Music My castaway this week is a shopkeeper. He runs more than one. In fact, at the last count, there were 475 of them. But he's not a remote figure. |
| 0:39.2 | After Oxford, he entered the family firm and learned how to rash a bacon and pat-butter, |
| 0:44.1 | and so worked his way up to become chairman. That was 23 years ago. Since then, he's presided |
| 0:49.9 | over phenomenal growth, and today his company is the most profitable retailer in the country. |
| 0:55.3 | Some of those profits have been spent in the national interest. He and his family are devoted |
| 0:59.6 | to the arts, and most recently they endowed the fine new extension to the National Gallery |
| 1:04.4 | in London. He's the chairman of Sainsbury's Lord Sainsbury of Preston Candover. So you're very |
| 1:10.0 | happy, are you, to be called a shopkeeper, Lord Sainsby. That's how you perceive yourself. Absolutely. I boast of being a shopkeeper when asked what I do. And I've enjoyed the trade, and I have great respect for those in the trade who do well, and I'm proud of being a shopkeeper. You're the fourth generation of your family in this, aren aren't you? That's right. My great-grandfather, who started the business, with one shop and the legendary £100 in a very small dairy in Drury Lane in 1869. What did he tell? Well, he sold mostly dairy products. It was a very poor street in those days, a poor market street and a lot of the |
| 1:44.8 | goods were sold out on the pavement. And I think the interesting thing is that what he started |
| 1:49.7 | in a very important way is still going on, because he started with a twin objective of having |
| 1:56.5 | better quality than anyone else in Drury Lane and having at the same time as low or lower |
| 2:01.9 | prices than anyone else. |
| 2:03.2 | And he multiplied and multiplied, didn't he? |
| 2:05.1 | I think by the outbreak of the First World War, there were 115 shops. |
| 2:09.0 | Oh yes, but originally, you know, his ambition was simply to have one for each of his children. |
| 2:14.4 | So that was a start of the expansion. |
| 2:17.3 | But what I think is interesting is that he was |
| 2:21.3 | unique and what he was trying to do in those days because lots of people tried to have the cheapest |
| 2:25.5 | prices and lots of people tried to have the best quality. Very, very rare. Did people put |
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