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David Young, Baron Young of Graffham

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shareholder of the Camcon Federation of companies, a Cambridge-based federation of companies with innovative technology in the oil and gas, auto and medical fields. He was controlling shareholder and on the board of TSSI Systems Ltd, a long-established company in security technology, and in both these companies he worked with Danny Chapchal. He was a substantial shareholder and chairman of Deep Tek Ltd, a company with developed technology to enable operations in deep and ultra-deep waters in the oil and gas sectors and in scientific exploration. He was a substantial shareholder and chairman of KashFlow Software Ltd, a leading provider of online accounting for
677:, suspected of fraud and breach of trust. They acquired the port by obtaining a loan from Rogosin Industries, a public company they controlled, which raised the money by issuing bonds. Rogosin Industries then received an option to buy 25 percent of the port in exchange for forgiving the loan. Rogosin Industries eventually exercised this option, which left Harel and Atzmon owning 75 percent of Rostock Port using Rogosin's funds. The case was investigated after Rogosin Industries defaulted on its bonds, as it run out of cash to pay its bondholders. The company later went into liquidation. 1640: 707:
hazardous occupations have been applied across all occupations, and the excessive "enthusiasm with which often unqualified health and safety consultants have tried to eliminate all risk rather than apply the test in the Act of a 'reasonably practicable' approach." Young said that part of the responsibility lay with the EU's 1989 Framework Directive, which made risk assessments compulsory across all occupations, whether hazardous or not. Within days of the release of the review, the flood of health and safety stories in the press abated.
826: 819: 100: 27: 673:. Following several years of decline in port traffic, the Rostock city council agreed to sell the port to Kent Investments Ltd., a company controlled by Young, in partnership with two Israeli businessmen, Menachem Atzmon and Ezra Harel. It was later discovered that Young was only a frontman for the Israeli investors. The two were later under investigation by 693:
To investigate and report back to the Prime Minister on the rise of the compensation culture over the last decade coupled with the current low standing that health and safety legislation now enjoys and to suggest solutions. Following the agreement of the report, to work with appropriate departments
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In 1961 he left GUS and set up his first business, Eldonwall Ltd. with funding from the Gestetner Family Settlements. During the sixties he built up a group of companies in industrial property, construction and plant hire, selling out in June 1970 to Town & City Properties PLC (T&CP), where
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In May 2012, Young delivered the first part of this review. Entitled "Make Business Your Business", it was the first of its kind since the Bolton Report of 1971. His report highlighted the number of start-up businesses to indicate a growing culture of enterprise and entrepreneurship in the UK. The
623:. He served two years in the role and privatised the last of the state industries in the department. In May 1989 he told the prime minister he would like to return to private life. He resigned from the Cabinet in 1989 but received an appointment as deputy chairman of the Conservative Party to help 657:
Young retired from Cable & Wireless in 1995 and in 1996 set up his own company, Young Associates Ltd, with partners Simon Alberga and Yoav Kurtzbard, which actively invests in technology companies. Outside Young Associates he had a number of business interests. He was chairman and controlling
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In October 2010, he released a review of workplace health and safety in the UK entitled 'Common Sense Common Safety', which faced many of the issues and saying that businesses now operate their health and safety policies in a climate of fear because sensible health and safety rules that apply to
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whom she suspected to be more interested in advancing his claims on the leadership. Young was in charge of organising Thatcher's tours and appearances on television. One week before polling day on 4 June 1987, Young and Tebbit had a major disagreement about the campaign strategy, a day nicknamed
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In June 2013, Young delivered a report entitled "Growing Your Business", which looked at how new and developing small firms could grow and expand into new markets. Following this, the government introduced reforms of public procurement with the aim of making it easier for small suppliers to win
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In June 2014, Young reviewed the relevance of enterprise in education in his report "Enterprise for All". In December 2014 the Government accepted Young's recommendations in this report. These included the introduction of Enterprise Advisers, intended as a dedicated resource available to Head
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Teachers to support them in developing an appropriate careers and enterprise offer for their students, and an 'Enterprise Passport' through which young people would record their enterprise and extracurricular activities alongside their academic qualifications to future employers.
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In October 2010, he was appointed enterprise adviser to Cameron, and was asked to conduct a "brutal" review of the relationship of government to small firms. This resulted in a three-part review to the prime minister on enterprise and small business.
728:", which aimed to extend the reach of university business schools into their local small business communities, and which he remained Patron of; and a "Growth Voucher programme" to assist companies "find and pay for professional strategic advice". 497:, and became chairman of Manufacturers Hanover Property Services, lending on real estate in the United Kingdom and overseas. He also had a number of other commercial interests. He sold out all his commercial interests in 1980 upon entering the 548:
in 1981, the Government Agency dealing with unemployment and training matters. As such he became involved in government decisions and the Cabinet ministers who dealt with him regarded him very positively; he made his position as a
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report introduced a new Government programme, Start Up Loans, providing loans and mentoring to get a business venture started. Start Up Loans had as of June 2016 provided over £129 million of loans to 25,000 people.
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that, "For the vast majority of people in the country today, they have never had it so good ever since this recession – this so-called recession – started ..." He resigned, but was subsequently reappointed.
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Within a circlet of roses Argent barbed and seeded Proper placed alternatively with bluebell flowers also Proper a lion's head Azure amid a show of three oak trees Proper fruited Gold
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Argent eight barrulets Azure overall a sword in bend proper hilt pommel and quillions Or between two roundels gyronny enarched also Gold and Azure each within an annulet Gold
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Young was married to Lita (née Shaw), and they had two daughters, Karen and Judith. He died on 9 December 2022, at the age of 90.
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On either side in front of the exterior rear claws of a lion rampant reguardant Or a long-haired dachshund each respectant Proper
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Thatcher regarded Young as personally loyal to her and decided in March 1987 to put him into a central role in planning the
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In July, he moved from the Cabinet Office to Number 10. In November 2010, Young was obliged to apologise for having told
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In England, Young's father imported flour and later set up as a manufacturer of coats for children. Young went to
611:, Young grabbed Tebbit by the lapels and said "Norman, listen to me, we are about to lose this fucking election". 2497: 2382: 2102: 1842: 1766: 1656: 577: 270: 128: 1289: 580:
in 1974) to advise the government on unemployment issues. As Minister without Portfolio he was appointed to the
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on 10 October 1984. One month later, on 11 September it was announced that Young was to enter the cabinet as
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In December 2010, he became a patron of Lifelites, a charity providing technology for children in hospices.
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or charitable interests including the presidency of Chai Cancer Care and the Coram Trust, chairman of the
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across government to bring the proposals into effect. (See report 'Common Sense Common Safety' below.)
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Following the election Tebbit announced his retirement from the government, and Young was promoted to
650:, and from 1995 was chairman of Council of University College, London. He was the first president of 456: 432:
David Young was born into an orthodox Jewish family in London. His father was born in Yurevich, near
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Young became involved in voluntary organisations as chairman of the vocational training charity
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Having qualified as a solicitor, Young practised for only a year, after which he joined
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Because of his involvement with vocational training through ORT, he was picked by
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as an executive, working for part of that time as an assistant to the chairman,
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Young stood down from his ministerial post on the resignation of Thatcher.
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when he was Secretary of State for Employment to be the chairman of the
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In 1975, Young he left the board and entered into a joint venture with
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to reverse his company into T&CP to form a group that later became
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of old that created so many new businesses at the time."
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In 1996, Young was involved in the privatisation of the
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He wrote occasional opinion pieces. In one, he likened
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Peers retired under the House of Lords Reform Act 2014
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After the property crash of 1973–1974, Young assisted
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Shtarkman, Rotem; Bergerfreund, Assaf (23 May 2003).
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Coat of arms of David Young, Baron Young of Graffham
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On the first day of the new government, 1632:Portraits of David Young, Baron Young of Graffham 881:"Parliamentary career for Lord Young of Graffham" 2891:Members of the Order of the Companions of Honour 2827: 1585: 680: 1259: 737:Member of the Order of the Companions of Honour 1364: 424:politician, cabinet minister and businessman. 2926:Politicians from the London Borough of Barnet 2911:People educated at Christ's College, Finchley 2498: 1751: 1149: 250:11 September 1984 – 2 September 1985 1470:(Supplement). 31 December 2014. p. N28. 2861:British Secretaries of State for Employment 2505: 2491: 1758: 1744: 1638: 98: 1718:Secretary of State for Trade and Industry 1287: 621:Secretary of State for Trade and Industry 576:(the first person to hold the role since 398:David Ivor Young, Baron Young of Graffham 306:16 October 1984 – 27 April 2022 124:Secretary of State for Trade and Industry 1460: 1023: 633: 198:2 September 1985 – 13 June 1987 51:of all important aspects of the article. 2828: 1089: 444:to England when David's father was 5. 47:Please consider expanding the lead to 2486: 1739: 1540: 1482:"New Years Honours 2015 Queen's List" 710: 689:to advise on health and safety laws: 685:In June 2010, Young was chosen by PM 614: 2512: 1586:Christopher Hope (9 December 2022). 746: 646:. From 1993 he was president of the 512: 379: 144:13 June 1987 – 24 July 1989 20: 2851:Alumni of University College London 13: 2871:Life peers created by Elizabeth II 2866:Conservative Party (UK) life peers 1615:Debrett's Peerage & Baronetage 824: 817: 462: 14: 2942: 2931:Alumni of the UCL Faculty of Laws 2876:Deputy lieutenants of West Sussex 1691:Secretary of State for Employment 1636:National Portrait Gallery, London 1625: 1561:"Lord Young of Graffham obituary" 1033:. 15 October 1984. p. 13895. 776:Young's political autobiography, 586:Secretary of State for Employment 186:Secretary of State for Employment 2916:Presidents of the Board of Trade 2846:20th-century British politicians 2814: 2471: 1767:Presidents of the Board of Trade 798: 724:public sector contracts; a new " 605:'Wobbly Thursday'. According to 591: 584:. On 2 September 1985 he became 25: 1607: 1579: 1553: 1541:Young, David (22 August 2021). 1534: 1520: 1506: 1474: 1454: 1422: 1396: 1339: 1309: 1281: 1253: 1228: 1198: 1171: 1143: 1123: 1102: 1092:"ROSTOCK TO SELL CARGO COMPANY" 1083: 806: 771: 642:Inc. and executive chairman of 129:President of the Board of Trade 39:may be too short to adequately 2886:Fellows of the British Academy 1090:KOENIG, ROBERT (21 May 1996). 1065: 1037: 1017: 995: 967: 939: 917: 899: 873: 600:, in effect to keep an eye on 384:House of Lords Reform Act 2014 49:provide an accessible overview 16:British politician (1932–2022) 1: 866: 681:2010 Cameron–Clegg government 427: 105: 1317:"Common Sense Common Safety" 546:Manpower Services Commission 505:, served as chairman of the 290:Member of the House of Lords 7: 793:Enterprise Allowance Scheme 759:Chichester Festival Theatre 675:Israel Securities Authority 627:reorganise Central Office. 382: He retired under the 10: 2947: 2896:Jewish British politicians 1664:Minister without Portfolio 574:Minister without Portfolio 238:Minister without Portfolio 77:The Lord Young of Graffham 2812: 2520: 2469: 1773: 1724: 1715: 1707: 1697: 1688: 1680: 1670: 1661: 1653: 1648: 780:, was published in 1990. 501:. His younger brother, 457:University College London 391: 377: 372:University College London 365: 355: 343: 323: 318: 314: 299: 288: 276: 264: 254: 243: 236: 224: 212: 202: 191: 184: 172: 160: 148: 137: 119: 115: 97: 70: 562:Baron Young of Graffham 2796:Lord Young of Graffham 829: 822: 751:Young had a number of 726:Small Business Charter 696: 648:Institute of Directors 598:1987 election campaign 553:' on economic policy. 499:Department of Industry 469:Great Universal Stores 2761:Norman St John-Stevas 828: 821: 691: 634:Later business career 570:County of West Sussex 495:Manufacturers Hanover 479:he joined the board. 2901:People from Finchley 1216:on 11 September 2010 857:Soluvere Est Servire 778:The Enterprise Years 763:Jewish Museum London 735:Young was appointed 644:Cable & Wireless 73:The Right Honourable 2053:Parkinson-Fortescue 1530:. 12 December 2022. 1516:. 12 December 2022. 980:The Daily Telegraph 952:The Daily Telegraph 813: 700:The Daily Telegraph 2906:English solicitors 2781:William Waldegrave 1649:Political offices 1567:. 11 December 2022 1467:The London Gazette 1442:on 8 February 2015 1410:on 8 February 2015 1351:Startuploans.co.uk 1206:"Rebalancing act?" 1030:The London Gazette 983:. 10 December 2022 955:. 10 December 2022 830: 823: 811: 711:Enterprise Advisor 615:Trade and Industry 2823: 2822: 2631:Sir Geoffrey Howe 2621:Michael Heseltine 2524:Margaret Thatcher 2480: 2479: 1734: 1733: 1725:Succeeded by 1698:Succeeded by 1671:Succeeded by 1657:The Lord Aberdare 1494:on 2 January 2015 1404:"Growth Vouchers" 1384:on 24 August 2013 1260:Gary O'Donoghue. 1053:. 7 February 2010 864: 863: 747:Charity interests 739:(CH) in the 2015 560:taking the title 556:He was created a 527:Margaret Thatcher 513:Margaret Thatcher 473:Sir Isaac Wolfson 395: 394: 339:, London, England 271:The Lord Aberdare 260:Margaret Thatcher 208:Margaret Thatcher 155:Margaret Thatcher 66: 65: 2938: 2818: 2791:William Whitelaw 2771:David Waddington 2661:Sir Keith Joseph 2586:Nicholas Edwards 2514:Thatcher Cabinet 2507: 2500: 2493: 2484: 2483: 2475: 1948:Vesey-Fitzgerald 1760: 1753: 1746: 1737: 1736: 1708:Preceded by 1681:Preceded by 1654:Preceded by 1646: 1645: 1642: 1619: 1618: 1611: 1605: 1604: 1602: 1600: 1591: 1583: 1577: 1576: 1574: 1572: 1557: 1551: 1550: 1538: 1532: 1531: 1524: 1518: 1517: 1510: 1504: 1503: 1501: 1499: 1493: 1487:. 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Index


lead section
summarize
provide an accessible overview
The Right Honourable
CH
PC
DL

Secretary of State for Trade and Industry
President of the Board of Trade
Margaret Thatcher
Paul Channon
Nicholas Ridley
Secretary of State for Employment
Tom King
Norman Fowler
Minister without Portfolio
The Lord Aberdare
Jeremy Hanley
Member of the House of Lords
Lord Temporal
Life peerage
Finchley
Conservative
Alma mater
University College London
House of Lords Reform Act 2014
CH
PC

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