Lord Sainsbury of Turville was yesterday confirmed as the new Chancellor of the University of Cambridge.
The former government minister will replace the Duke of Edinburgh, who stood down in June.
Lord Sainsbury, who read history and psychology at King's College before joining Sainsbury plc in 1963, faced competition for the post from the actor Brian Blessed, local shopkeeper Abdul Arain and Michael Mansfield, QC.
The contest was billed as the closest since 1847, when Prince Albert narrowly beat the Earl of Powis to the post.
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