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David Ivor Young, Baron Young of Graffham (1932-), Businessman and politician; Secretary of State for Trade and Industry
Sitter in 2 portraits
In the 1960s, David Young built up a group of companies in industrial property, construction and plant hire. He left the group in 1970 to form a property banking company with the American bank Manufacturers Hanover Trust. He began to spend increasing amount of time advising Sir Keith Joseph and the reinvigorated Conservative Party under the leadership of Margaret Thatcher and became a director of the Centre of Policy Studies. After the 1979 election Young became Special Adviser to the Department of Industry. In 1982, he was made chairman of the Manpower Services Commission. He became a life peer in 1984 and joined the Cabinet a year later as Minister without Portfolio.