Lord Willetts

Lord Willetts is a Conservative Life peer who has sat under this title in the Lords since 23 November 2015. His full title is The Rt Hon. the Lord Willetts, and his given name is David Lindsay Willetts. Prior to joining the Lords, he sat in the Commons as an MP, and was first elected in 1992.

Registered Interests

Registered Interests for Lord Willetts.

The Register is updated continuously throughout each sitting day and at regular intervals on other days.

Category 1: Directorships

Chair, Genome Research Limited (responsible for Wellcome Trust Hinxton Campus) (interest ceased 19 February 2020)
Chair, Verditek plc (clean energy technologies)
Director and sole owner, Marchmount Executive Services Limited
Director, Thames Holdings Ltd (company promoting education links between UK and China (unremunerated until 1 July 2020)
Member of the Board, UK Research and Innovation (UKRI)
Non-executive Director, SatixFy UK (communications technology company)
Non-executive Director, Surrey Satellite Technology Limited (a company manufacturing satellites)
Non-executive Director, Tekcapital plc (investment group focused on creating market value from university technology) (member has share options)
Non-executive Director, The Biotech Growth Trust plc (venture capital fund investing in life sciences)

Category 2: Remunerated employment, office, profession etc.

Executive Chair, The Resolution Foundation, (think-tank)
In receipt of royalties from writing books
Member, Advisory Board of Open Classrooms (education technology) (member has share options)
Occasional journalism
Occasional lectures and presentations
Senior Adviser to Skyrora (space technology company; income from this work is paid to Marchmount Executive Services Ltd)
Speaking engagement (delivered by video), 9 July 2020, 2020 Sino-UK Innovation Partnership Summit, Nanjing, China
Strategic Adviser to 2U (a company based in America which delivers on-line degree programmes; income from this work is paid to Marchmount Executive Services Limited) (interest ceased 3 September 2020)
The member expects to receive an income as Chairman of the Eight Great Technologies Investment Fund of which Farm Street Partners are the designated investment manager; Farm Street Partners do not employ the member but are providing financial support for the start-up costs of the Fund, including payment of expenses for the member for his work in securing commercial funding for the enterprise
The member receives fees from participation in BBC broadcasts which collectively may exceed the registration threshold over the course of a calendar year

Category 3: Person with significant control of a company (PSC)

Marchmount Executive Services Limited

Category 4: Shareholdings (a)

Marchmount Executive Services Limited (100 per cent owner: see category 1)

Category 4: Shareholdings (b)

Sirius Constellation Limited (see category 10(a))
Vantix Diagnostics Inc (formerly Vantix Limited) (company developing biosensors)

Category 5: Land and property

A flat in West London

Category 10: Non-financial interests (a)

Board Member, President’s Advisory Committee, Royal Society
Director, Konigswinter Steering Committee
Director, Sirius Constellation Limited
Director, Vantix Diagnostics Inc (interest ceased 27 September 2019)
Member, Raspberry Pi Foundation (registered charity; computer science education)

Category 10: Non-financial interests (b)

Chancellor, University of Leicester
Visiting Professor, King’s College, London (remunerated until 3 September 2020)

Category 10: Non-financial interests (e)

Chair, Foundation of Science and Technology
Co-Chair, Pontignano Conference
Governor, National Institute of Economic and Social Research (interest ceased 19 February 2020)
Governor, Pensions Policy Institute
Trustee, Man Booker Prize