David James, Baron James of Blackheath

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David James, Baron James of Blackheath

David Noel James, Baron James of Blackheath CBE (born December 7, 1937 ) is a British businessman, crisis manager and life peer of the Conservative Party .

Career

James had a diverse career in the City of London . From 1959 to 1964 he was at Lloyds Bank . He became managing director of various companies, often as a crisis manager with impending bankruptcy: In 1973 he went to Cork Gulley to rescue Cedar Holdings; In 1989 he was appointed to the Board of Directors of Eagle Trust; other positions were at British Shoe Corporation , LEP group, Dan-Air and North Sea Assets and Central & Sheerwood. While at Eagle Trust, he exposed the Project Babylon affair. During a visit in 1990 to Eagle's Walter Somers factory in Halesowen , he noticed pipes that appeared to be part of a huge cannon. He informed the British secret service MI6 and put them on the first track.

In 2000, James was named director of the loss-making Millennium Dome project ; he managed to save the attraction from financial collapse. In 2005, he applied to rescue troubled automaker MG Rover .

In the run-up to the British general election in 2005 , James conducted a study for the Conservatives that showed savings of £ 35 billion in the state sector. The numbers were used extensively by party leader Michael Howard . After the election defeat, Howard and the Shadow Chancellor named George Osborne head of a conservative "watchdog" to record the extent to which Labor was fulfilling its promises to cut savings in the third term. He clearly expressed his concerns about the financial management of the London 2012 Summer Olympics .

In April 2006 it was announced that James would be named a Life Peer for the Conservative Party. On June 9, he was promoted to Life Peer as Baron James of Blackheath , of Wildbrooks in the County of West Sussex .

In November 2010, Lord James announced in the House of Lords that he had been contacted by a secret "mega-rich" organization that James just called Foundation X , which allegedly wanted to donate billions of pounds to the UK government, free of interest.

He also works as a consultant for Cerberus Capital Management .

Lord James is married; his wife is from Leeds; they have no children. He is interested in music and cricket. He is President of the British Racehorse Club.

Individual evidence

  1. ^ David James: Straight-talking at the Dome. In: BBC News. September 6, 2000, accessed January 5, 2018 .
  2. ^ Three teams vie for Rover rescue. In: BBC News. July 15, 2005, accessed January 5, 2018 .
  3. ^ New working life peers unveiled. In: BBC News. April 11, 2006, accessed January 5, 2018 .
  4. ^ Daily Hansard. In: parliament.uk. November 1, 2010, accessed January 5, 2018 .
  5. ↑ Andy McSmith: Lords stunned by Tory peer's IRA funding claimsoft. In: The Independent . November 6, 2010, accessed January 5, 2018 .
  6. ↑ Lord James of Blackheath. In: parliament.uk. Accessed January 5, 2018 .

Web links

personal data
SURNAME James, David, Baron James of Blackheath
ALTERNATIVE NAMES James, David Noel, Baron James of Blackheath
BRIEF DESCRIPTION British businessman, crisis manager and Conservative Party life peer
DATE OF BIRTH December 7, 1937