Tuning in…
Tuning in…
Desert Island Discs
Presented by Sue Lawley
Businessman and managing director of GEC, known for his long tenure and aversion to publicity.
Eight records
Symphony No. 1 in D major (3rd movement)
Mahler was born a Jew but became baptized. He wasn't particularly Jewish in his upbringing, neither was I for the larger part of my life after the war started. But in this work, suddenly the conventional Vietnamese music becomes very Jewish. It reproduces Eastern European statal melodies. You hear a Jewish wedding at one point. And so to keep me in mind of my origin, I would like to take an extract from the third movement of the Mahler First Symphony in D major.
Così fan tutte (Suave sia il vento)
Agnes Baltsa, José van Dam, Margaret Marshall and the Vienna Philharmonic Orchestra
I think I'd like to hear now an extract from Cosis Hantuti, recorded in Salzburg, and um what I think the most beautiful and probably the most significant part of the opera, the closing part of the of the trio Suave su ilvento.
Symphony No. 9 in D minor, 'Choral' (3rd movement)
The greatest orchestral work ever composed is the Beethoven Ninth Symphony, D minor Symphony Choral Symphony. And it has a slightly special connotation because during the war we had the blackout and Cambridge is most of the institutions in Cambridge are in Trumpington Street and beyond it. And Trumpington Street is very, very wide. And if you were on one side of the road, there was no way in the blackout of knowing who was on the other side of the road. So the little clique with whom I hob-nobbed, it was mostly a table tennis playing clique at the time, used to whistle the theme from the last movement, the choral movement of the Beethoven Ninth Symphony, the choral part, as we were walking along. And by that means we could recognize each other.
Lucia Valentini Terrani and the Philharmonia Orchestra
this is a very fine piece of music. Amwutti is a great conductor of choral music, and this was a recording he made rather a long time ago, but it's still very, very high class stuff.
Handel's rather an underrated composer. A Gluck who was the great man in Vienna even at the time of Mozart had a portrait of Handel at the bottom of his bed so that he could see it every time he woke up. And I think he was quite right.
Cheryl Studer, Dolora Zajick and the Orchestra of La Scala Milan
In Cambridge I turned away from the nineteenth century and went back to Baroque music, which I thought more pure. And only later did I come again to love Verdi, largely through the instruction that um I had from my Stromuti. And the piece of Verdi probably which is the finest of all the things he wrote is his Requiem and of that I would like to hear the Recordari.
I Capuleti e i Montecchi (Act I Duet)
Agnes Baltsa, Edita Gruberová and the Orchestra of the Royal Opera House, Covent Garden
the piece I would like is the a duet of the second scene of the first act in which Romeo and Juliet sing together. This marvellous sound of these two girls' voices soaring.
One of the elements in the programme was an Egyptian march I'd never heard before by Johann Strauss. And this piece struck me as embodying the whole sense of fun and celebration which marked that occasion.
The keepsakes
The luxury
In conversation
Presenter asks
Would you describe yourself as a shy man?
I am shy, I must say, that I I find it rather surprising that BBC's PRO's or Publicity Department has not picked up more of these rather disagreeable cuttings which have appeared from time to time, which I'd rather hadn't been there.
Presenter asks
Why do you not speak up or take to public platforms like other business leaders?
Well, John's retired. He he no longer has an executive role. I am fully engaged. In trying to run the business, and I don't have time to do all these other things.
Presenter asks
What happened to your parents, and who looked after you when you were orphaned?
The recording
Timestamps play the recording from that turn
Speaker 3
Hello, I'm Kirsty Young, and this is a podcast from the Desert Island Discs Archive. For rights reasons, we've had to shorten the music.
Speaker 3
The programme was originally broadcast in nineteen ninety three and the presenter was Sue Lawley.
Presenter
My castaway this week is a business man. Born into a family of Polish Jewish immigrants, he was orphaned by the age of nine and brought up by his older brothers.
Presenter
He studied at the London School of Economics, and married the daughter of a manufacturer, the owner of a small electrical company.
Presenter
By the age of thirty four he was its managing director, and to day the company is a huge institution. Safe, careful, and very rich, it embodies the man who has steered it through nine changes of government and six prime ministers. He is the managing director of GEC, Lord Winstock, and a man who's managed to avoid uh personal publicity so skilfully, Lord Winstock, that there are only a handful of cuttings about you in the BBC files. Would you describe yourself as a as a shy man?
Lord Weinstock
I am shy, I must say, that I I find it rather surprising that BBC's PRO's or Publicity Department has not picked up more of these rather disagreeable cuttings which have appeared from time to time, which I'd rather hadn't been there.
Presenter
But there aren't very many of them. I mean you you do refuse interviews in the main, don't you?
Lord Weinstock
Yes, I don't like it. I don't have a flamboyant personality and I n never been attracted to this the public relations way of doing things.
Presenter
And one can understand that, I suppose, on the personal level, and your desire to remain private. But you're also, I suppose, quite a mysterious figure in the business sense as well. You don't take to public platforms, you don't crusade in the way that perhaps the Sir John Harvey Joneses have, and Lord King one might think of.
Presenter
You're not there, you're not speaking up, why is that?
Lord Weinstock
Well, John's retired. He he no longer has an executive role. I am fully engaged.
Lord Weinstock
In trying to run the business, and I don't have time to do all these other things.
Presenter
Do you mix business with music? Do you play music to work by in your office?
Lord Weinstock
No, I don't play mu I can't do the two at the same time.
Presenter
But you play it in the mornings, apparently, in your dressing room, in your bathroom. What do you play? What sort of thing?
Lord Weinstock
In your dressing room, in your bathroom.
Lord Weinstock
Oh, whatever. This morning I was listening to some Mozart pianoforti concerti.
Lord Weinstock
Um different things on different occasions.
Presenter
Opera?
Lord Weinstock
Sometimes, yes.
Presenter
What happens if it's a if it's a very moving piece of opera? Um I mean, you might begin the day
Presenter
With tears running down your cheeks.
Lord Weinstock
But it has been known to happen that that frequent
Lord Weinstock
But um there are particular conjunction of circumstances which has caused me on one occasion to be rather tearful for about a quarter of an hour in the morning. It was when a very close friend of mine died.
Lord Weinstock
And I played a piece of music, um, partly knowing that it was in connection with with this man's death, and that moved me greatly, and I was rather upset for a bit, but normally I can manage to contain my emotions.
Presenter
Now all eight of your records have something in common because they're all conducted by the same man. Will you explain who and why?
Lord Weinstock
Yes, I mean, given the necessity to choose eight records from the great mass of music which I love, I've I found that quite impossible unless one reduced the number of variables. So I took a couple of constant themes. One was that since I have a a very um special relationship with Riccardo Mutti, who has been a friend for very many years, I chose to have only records performed by him. And secondly, all the performances which um the I shall choose uh are things which I've actually saw happen.
Presenter
So you're what I think you've described as a as a mutie groupie.
Lord Weinstock
Yeah, I'm a woody group.
Presenter
What's the first one?
Lord Weinstock
I am going to take first um the work by Maula. My taste for music, my love of music originated when I sang as a boy in a choir in a synagogue.
Lord Weinstock
And that uh translated to uh going up to the gallery once a week at Saddlers Wells before the war and listening to people like Joan Hammond and artists who are no longer recognised.
Lord Weinstock
And Mahler was born a Jew but became baptized. He wasn't particularly Jewish in his upbringing, neither was I for the larger part of my life after the war started. But in this work, suddenly the conventional Vietnamese music becomes very Jewish. It reproduces Eastern European statal melodies. You hear a Jewish wedding at one point. And so to keep me in mind of my origin, I would like to take an extract from the third movement of the Mahler First Symphony in D major.
Presenter
Part of the third movement of Mahler's Symphony No. One in D major, played by the Philadelphia Orchestra, conducted by Riccardo Mutti. And memories, Lord Weinstock, of your childhood. You were born in the mid twenties. Where did your family live?
Lord Weinstock
In Stoke Newington, North London. And then when my parents died, I went to live with a brother in Highbury, still in North London.
Presenter
But was it your parent your your parents were Polish Jews? Had they come here or was it your grandparents?
Lord Weinstock
You know, my parents came here at the end of the century, the last century.
Lord Weinstock
Um and they'd been here a long time when I was born.
Lord Weinstock
I was an accident. My mother was forty-five at the time I was born. I don't think I was intended at all.
Presenter
You a mistake, yeah.
Lord Weinstock
Yes, I mistake.
Presenter
And you had lots of elder brothers.
Lord Weinstock
Yes, I have five much older brothers.
Presenter
How how much older was it?
Lord Weinstock
My next brother was nearly eighteen years older than I was.
Presenter
Good heavens. And what did your father do?
Lord Weinstock
My father was a master cutter. He used to cut designs um for a firm in the West End who then made up the um patterns which he cut into um many coats and suits and I don't know what.
Presenter
And your parents died when you were very young. What happened to them?
Lord Weinstock
My father had a bad heart and he got pneumonia.
Lord Weinstock
and died of congestive heart failure.
Lord Weinstock
My mother had cancer.
Lord Weinstock
My father died in nineteen twenty nine and my mother in nineteen thirty four.
Presenter
So you would have been nine when you were orphaned?
Lord Weinstock
Yeah.
Presenter
And and what happened to you? Who looked after you?
Lord Weinstock
One of my brothers took me in for a bit until the war, and when the war came I was sent off with a label and a gas mask and a train to the wilds of Warwickshire.
Presenter
And and there did you find some kindly people to the party?
Lord Weinstock
All my life I came across somebody who took an interest in me and helped me. I was finally billeted on a farm in the middle of nowhere with no electricity and no running water, an outside loo, and most primitive. But the wife of the farmer with whom I lived, the small holding of 120 acres or something like that, had been a schoolteacher. She was very kind to me. And it was a very happy time, despite the lack of all these mod-cons. I used to walk four miles a day to school. And there I was taught by a master who in London had taught us some mathematics and music. He was a lay preacher.
Lord Weinstock
And he helped me enormously. He made me take an interest in work which no one had ever been able to do before. And I took a school certificate in about four months. Um I remember learning the Holder Macbeth, walking backwards and forwards to school. I never had to look at the thing in the class at all.
Presenter
What was his name, Steve?
Lord Weinstock
His name was Fogg, Freddie Fogg.
Presenter
Did he become sort of surrogate father, perhaps?
Lord Weinstock
Sort of, yes.
Presenter
When you say you had
Presenter
always found somebody who who
Presenter
would look after you or took care of you. I mean, do do you class this as luck, or do you think you were a particularly appealing child or?
Lord Weinstock
Oh, I can't I wasn't appealing by any me I was horrible.
Lord Weinstock
It it must just be chance.
Presenter
Let's have your second record.
Lord Weinstock
I think I'd like to hear now an extract from Cosis Hantuti, recorded in Salzburg, and um what I think the most beautiful and probably the most significant part of the opera, the closing part of the of the trio Suave su ilvento.
Speaker 4
Peace.
Presenter
Agnes Baltzer, Joseph Van Damme, and Margaret Marshall singing part of the trio Suave Sier Vento from Mozart's Cosifantute, with a Vienna Philharmonic conducted by Riccardo Mutti and recorded at the Salzburg Festival in nineteen eighty two.
Presenter
So by the early war years, Lord Weinstock, you'd been taken under the wing of a this group of kindly people in Warwickshire and were getting down to some solid learning. Nevertheless, there's uh an awfully long way between that and studying for a degree in statistics at the LSE. How did you
Lord Weinstock
No, no, it was uh quite rapid. I mean, I went um I went up uh to LAC in Cambridge in nineteen forty one. So that was only, what, eighteen months?
Presenter
But it must have taken a lot of determination on your part, a lot of application on your part.
Lord Weinstock
Yes, I worked quite hard for a few months.
Presenter
But it also um what is said about you is that you have a tremendous eye for detail as well as this this great application, um that you you are have a relentless eye for detail.
Lord Weinstock
Well, I don't believe it possible, um at least for me.
Lord Weinstock
to be a great policy maker without knowing what the thing is about. And in order to know um what decisions to make and on on large matters, I think you have to know what the detail is.
Presenter
Don't you think you get people's backs up by constantly attending to what they might regard as their detail?
Lord Weinstock
Um well, what I hope happens is that they regard it as our detail and that um as I regard it as their policy and their strategy. I mean, I don't think that we should freeze out the people who make um do the work in the trenches.
Presenter
But one has this image of you sitting at your desk with a a very large telephone which apparently you have and and little buttons that you can press to call up.
Presenter
the important people at every level in i in in your um organization and and sort of pouncing on them and them living in fear of the pounce.
Lord Weinstock
No, no, no, I hope that's not true. I don't pounce on anybody. I do call them up, they they do know they can expect to hear from me at any time, but I hope my relations with them are not such as to inspire fear. You would have hoped that um that they are more friends than um that they are uh people are victims.
Presenter
And do you also, um or have you posed as a disgruntled customer and rung up and complained to see what sort of service you are?
Lord Weinstock
I have. I think that the customer is king. The only thing I can remember of my years as an undergraduate was the title of the first economics textbook I ever saw when I was seventeen. And that was The Consumer is King. And I never forgot that. And I think that's a basic rule which anybody who is engaged in industry must keep in his mind.
Presenter
Let's have your third record.
Lord Weinstock
Well now, for me anyway.
Presenter
Me and
Lord Weinstock
The greatest orchestral work ever composed is the Beethoven Ninth Symphony, D minor Symphony Choral Symphony. And it has a slightly special connotation because during the war we had the blackout and Cambridge is most of the institutions in Cambridge are in Trumpington Street and beyond it. And Trumpington Street is very, very wide. And if you were on one side of the road, there was no way in the blackout of knowing who was on the other side of the road. So the little clique with whom I hob-nobbed, it was mostly a table tennis playing clique at the time, used to whistle the theme from the last movement, the choral movement of the Beethoven Ninth Symphony, the choral part, as we were walking along. And by that means we could recognize each other. And this was a rather useful way of making contact. The piece I would choose, however, is from the third movement, the Endanti, and there is a particular extract which I particularly liked in that rather long movement.
Presenter
Part of the third movement of Beethoven's Symphony No. Nine in D minor played by the Philadelphia Orchestra.
Presenter
In nineteen forty-nine, you married Netta Sobell, the daughter of Michael Sobel, who owned an electrical company. What job were you doing at the time?
Lord Weinstock
Well, I was at the Air Route from nineteen forty-four until nineteen forty-seven.
Presenter
Night.
Lord Weinstock
in Bath. When I when I came down from the Admiralty when I was let out, I went to work for a man who was engaged in property development and um other financial and investment enterprises and I did that for seven years.
Presenter
Is that what you want it to do?
Lord Weinstock
No, it's what I happened to do. I mean, I I I was always a bit extravagant and um I loved the Admiralty. I mean, I spent three years in the Admiralty working very hard, but I really
Lord Weinstock
Couldn't stay because I I needed more money than that. I used to lecture.
Presenter
What were you extravagant about?
Lord Weinstock
I like to spend money. I like to buy nice things and I like to eat well.
Presenter
Yes, I read somewhere that you used to spend your month's salary in the first three days.
Lord Weinstock
Well, m maybe it took four or five and it didn't take very long and then and I was back to the canteen.
Presenter
But did you ever consider a career in music in any way?
Lord Weinstock
No, I wasn't talented enough. I don't think it would it wouldn't be impos I need either outstanding talent or to be quite well off financially and I had neither of those advantages.
Presenter
But you would have liked a current.
Lord Weinstock
Ah, yes.
Presenter
What would you like to have been? What are your dreams?
Lord Weinstock
When I was very young, the two ambitions I had were to be a pianist or an ice hockey player. I think ice hockey is a marvellous game.
Lord Weinstock
But now that I'm older, I would like to have been a conductor.
Presenter
You'd like to have been Ricardo Musso.
Lord Weinstock
I would indeed that was aspiring to a height of achievement which is far beyond my talents. But if I if it had been possible for me to have been that good, that would have been ideal, yes.
Presenter
But eventually, anyway, you went to work in your father in law's company and Michael Sobell's company. What what did the company do?
Lord Weinstock
We made radio and television receivers and that went rather well so that after four years the company went public.
Lord Weinstock
And after six years was bought by G C.
Presenter
And that was radio and allied industries.
Lord Weinstock
That was radio and I didn't discern it.
Presenter
And I mean, was there it was a great success story, really, wasn't it? Because in in one sense it seems one day you were manufacturing televisions and radios in West London and
Presenter
A decade or so later you were running most of the electrical industry in Britain.
Lord Weinstock
It wasn't quite we were making we were making this stuff in South Wales actually. And um let's see. I I was managing director effectively of GEC in about nineteen sixty two. So actually it didn't take it didn't take ten years because GC at that time was not that big. It had sales of ninety million a year in the first year I was there and profits of two. It's not all that big. It became much bigger later.
Presenter
That's how it reads on paper.
Presenter
Record number four.
Lord Weinstock
Um the fourth piece is an extract from the Vivaldi Gloria, and this is a very fine piece of music. Amwutti is a great conductor of choral music, and this was a recording he made rather a long time ago, but it's still very, very high class stuff.
Speaker 4
Jesus
Speaker 4
Please.
Speaker 4
In the peace Peace for the big state of bliss.
Speaker 4
Praise
Presenter
Lucia Valentini Tirani singing part of Vivaldi's Gloria with the Philharmonia Orchestra, conducted once more by Riccardo Mutti.
Presenter
You're sixty nine this year, Lord Weinstock, but leading as full a working life as ever. Why not? Would you describe a typical working day to me? What time do you go to your office?
Lord Weinstock
I get up at about a quarter to eight.
Lord Weinstock
And I start to read while I have my breakfast.
Lord Weinstock
And then while I am shaving and doing all that sort of thing, I listen to music. And then I would have arrived in the office at about ten thirty. And then when I get to the office, I will go through the post.
Presenter
How much time do you spend on the telephone?
Speaker 4
Uh
Lord Weinstock
Oh, a lot. A great deal. I much prefer personal contact to writing stiff memos. The stiff memo is for the time when I can't get the chap I want to speak to or when I really don't want to talk to him in case I sound harsh.
Presenter
Now, your office, by all accounts, is is is not particularly luxurious. It's it's utilitarian, in fact. Is that fair?
Lord Weinstock
Yeah
Presenter
Is there a reason for that? I mean, it's that you've said you're extravagant and you like nice things.
Lord Weinstock
You've said you're ex
Lord Weinstock
There's no need for waste. Um it's adequate, it does it's quite comfortable, it's it's not too cold and it's um it's big enough and I can talk in it and people can talk to me in it and the telephone with the necessary accoutrements to make communications easy are all there, so it has everything I need.
Presenter
And there are no photographs of you shaking hands with.
Presenter
The great and the good, and there are no
Lord Weinstock
Yeah, no photographs.
Presenter
No frame no photographs of your family?
Lord Weinstock
There are no photographs. There are only some on the walls there are some pictures of some of my good horses.
Presenter
And there there are no framed awards or and citations and so on. I mean, it's it's not that you don't have them, but you don't want to put them on show.
Lord Weinstock
Nope.
Presenter
Why not?
Lord Weinstock
I don't need to.
Presenter
Do are you suspicious of business men who do?
Lord Weinstock
No. Everybody does his own thing.
Presenter
The the other observation that that's been made in the rare written interviews that you've given is that your headquarters in Mayfair is not only rather an ugly building, but it's actually quite in need of a lick of paint.
Lord Weinstock
But it's had it, I'm afraid. I'm awfully sorry to have to tell you. It's out of date, isn't it? Yes, I'm afraid.
Presenter
Benjamin.
Presenter
It's out of date, isn't it?
Lord Weinstock
I afraid your information is slightly behind the times. We had it all decorated in the last few months and it's now altogether embarrassingly spick and span.
Presenter
But but there's still a point there, really, the serious point isn't there, that it's to do with the not liking waste, it's to do with the fact that you perhaps don't feel your shareholders' money should be spent on such things as smart reception areas and
Lord Weinstock
No, I don't. All that we need by way of a head office is the modest one that we have. It shouldn't get dowdy. We let it get probably too much of the wrong too drab and needed a lick of paint. But what we have now is adequate. It's it's sufficient. We don't need any more. And uh I'm quite satisfied with it.
Presenter
So the only image because that's what we're talking about in the end when we're talking about smart foyers and so on, the only image that matters to you is the figures on the balance sheet.
Lord Weinstock
Yep, the results not only that satisfied customers matter to me.
Presenter
Let's have some more music.
Lord Weinstock
Well now if we can have a piece of the Handel water music. Handel's rather an underrated composer. A Gluck who was the great man in Vienna even at the time of Mozart had a portrait of Handel at the bottom of his bed so that he could see it every time he woke up. And I think he was quite right.
Presenter
Part of Handel's water music played by the Berlin Philharmonic and conducted by Riccardo Mutti.
Presenter
Um your working environment may be utilitarian, but I suspect that's not true of home, because you've confessed to extravagance. What do you enjoy most spending your money on?
Lord Weinstock
Oof.
Lord Weinstock
My grandchildren, I think, is the answer to that. Um although that isn't what, that's who. But um when I spend money I like to spend it to give people pleasure. I mean I I like my wife to to like the things I give her and I like um my children to like the things I give them. But as for the particular things
Lord Weinstock
I suppose fine art.
Lord Weinstock
Up to a point.
Lord Weinstock
I can't afford some some of the things I would have liked, but I have some quite nice things, and I've quite enjoyed collecting those.
Presenter
And your horses?
Lord Weinstock
And my horses I less enjoy spending money on them than than seeing them win races. I the spending bit isn't all that fun. The spending bit goes with hope. Owning racehorses is a a game for people who are optimistic, and I am naturally not all that optimistic, so it goes a bit against the grain.
Presenter
But do you have time, amongst all this work, to go racing?
Lord Weinstock
No. That's the worst to be done, I'm afraid.
Presenter
Do you wish you had more?
Lord Weinstock
I mean, I if I if I say no, it isn't right,'cause I would like to have been at the races sometimes, but um I p I suppose I prefer doing what I am doing or else I would go more.
Presenter
But when you retire, it's on the race track you'll be found, isn't it?
Lord Weinstock
I'm not actually thinking of retirements, I didn't have that in mind.
Presenter
It's simply not on the cards.
Lord Weinstock
No, I don't think I would be very happy retired.
Presenter
You you sound like a workaholic.
Lord Weinstock
I'm not addicted to it, but it's a w it's a way of life that I'm used to and I'm rather conservative type. I don't like to change too much and so long as I can work, I would prefer to work than to do anything else.
Presenter
You told me just now what time you went in to work. You didn't tell me what time you went home from a
Lord Weinstock
Oh, well, I normally go home half past eight or nine o'clock in the evening, and I do work two weekends out of four.
Presenter
Sounds like a workaholic to me.
Lord Weinstock
Well, I it it depends. I don't know. Um I don't know. I mean, I if I if I go away, I leave it. I when I'm not in the office, I don't I don't ring up the office every two minutes to see what's going on. I leave it to my colleagues and that's that. So that I don't think I'm awa I'm not addicted in that sense.
Presenter
Record number six.
Lord Weinstock
In Cambridge I turned away from the nineteenth century and went back to Baroque music, which I thought more pure. And only later did I come again to love Verdi, largely through the instruction that um I had from my Stromuti. And the piece of Verdi probably which is the finest of all the things he wrote is his Requiem and of that I would like to hear the Recordari.
Speaker 4
Oh, it's fine.
Presenter
Cherol Studa and Dolora Zagic singing the Ricodare from Verdi's Requiem with the orchestra of La Scala Milan, conducted again by Riccardo Mutti.
Presenter
The result, I suppose, of staying out of the limelight, Lord Wanstock, as you've done, is that your critics create an image for you and make up false motives for you and and to to to sum them up for you, I suppose it is that they say that you're a a financial automaton sitting on a vast cash mountain, unwilling to take risks and therefore preventing GEC from expanding into exciting new areas.
Presenter
Uh that's probably a fair summary of them, isn't it?
Lord Weinstock
But the criticism
Presenter
Yes.
Lord Weinstock
Um I suppose so. You could actually make it wider, they can find other things on with me as well.
Presenter
But how do you counter that? How do you counter those kinds of things?
Lord Weinstock
Well they just don't know what they're talking about. I mean it's it's it's I mean
Lord Weinstock
Our cash mountain is not nearly vast enough. I mean, we undertake vast contracts, great projects, with really complicated technologies, sophisticated modern devices, never attempted before. I mean, one takes for a current example the train which will go backwards and forwards through the channel tunnel. That's a machine, and you think of the train, it's a rather banal thing. This train has forty computers on it, and they all have to be interactive. It's a most incredibly sophisticated piece of equipment. There are great risks associated with undertaking contracts like that. So that we need funds to be able to do them and keep the financial integrity of the company secure.
Presenter
But you don't like borrowing, do you? And you don't like having share issues to raise cash. These are the sorts of things that the that the people in the city would like to see you do.
Lord Weinstock
I guess because they get commissions out there. We don't need to.
Presenter
Do you have an innate distrust of the city?
Lord Weinstock
I am I've always been somewhat apprehensive about the city and yet there is a city's vast activity which brings the country lots of income one has to say. Um enormous buildings and fantastic lifestyles of the occupants and they must be performing the most valuable service but not always possible to see from the outside what it is.
Presenter
So tell me why then in two sentences, how is it that GEC has survived this current recession and it's surviving well and strongly? How have has your company survived practically intact when other companies have either gone to the wall or undergone radical surgery? And one thinks of TI and GKN, for example?
Lord Weinstock
Well, we're not practically intact. We are absolutely intact, I hope. Nothing is leaking so far as I know. Well, at least not much. I think we faced up to the realities of world economic existence in the nineteen seventies and did then the things which have served us well now.
Lord Weinstock
And uh we have had to continue to do things that are not all that pleasant. Making people redundant is not fun, besides being very expensive. But we did the worst of it at the time when we had over full employment, so that when we made people redundant, we also placed them in other jobs. It was much easier then.
Presenter
Record number seven.
Lord Weinstock
Record number seven is going to be from E Capoleti di Montechi, which was seen in London about ten or eleven years ago at the Royal Opera House. And the the piece I would like is the a duet of the second scene of the first act in which Romeo and Juliet sing together. This marvellous sound of these two girls' voices soaring.
Presenter
Agnes Beltzer and Editor Gruberova, singing a duet from Act One of Bellini's E Capuletti ei Montecchi, with the orchestra of the Royal Opera House, Coffin Garden, and recorded at your behest, I think.
Lord Weinstock
Yes, I was very keen that uh EMI should m should record that and um
Lord Weinstock
We had um small argument about it, but we settled it in the end. They recorded four live performances and made this superb record out of it.
Presenter
What will you do on your desert island? Are you all that practical, or have you been looked after for so many years that you
Lord Weinstock
I can just about use a screwdriver, but that's all.
Presenter
Make a cup of tea.
Lord Weinstock
I have made many cups of tea in my time, yes.
Presenter
But but all that
Presenter
determination and application we were talking about will presumably
Presenter
Keep the wolf from the door.
Lord Weinstock
Um, yes. It depends if the wolf is friendly. I'll have him in.
Presenter
Your success in in business has been honoured. You were knighted in 1970 and you were ennobled in 1980. How important has that recognition been to you?
Lord Weinstock
I think it's quite important. I'm not going to say that those were things I did only for my wife, as I've heard some of my friends say. I mean, I think that recognition does lend incentive and does entitle you to a certain respect from your comrades and the people with whom you have to deal. I must say that I prefer to have them than not have them.
Presenter
I'm
Presenter
But you'd sacrifice it all for the conductor's rostrum.
Lord Weinstock
Absolutely.
Presenter
Last record.
Lord Weinstock
We'll come right up to date. I went for the first time this year to Vienna for the New Year and um on Christmas Eve we had a rather act actually we had a concert on Christmas Eve, which was repeated on New Year's Day.
Lord Weinstock
We had a very jolly supper afterwards.
Lord Weinstock
At an Italian restaurant in Vienna. And during this concert, which was itself a celebration as well as a musical event, and it's quite remarkable how Viennese waltz music can be made into proper serious music given the right orchestra and the right conductor. And in this case, you had both. One of the elements in the programme was an Egyptian march I'd never heard before by Johann Strauss. And this piece struck me as embodying the whole sense of fun and celebration which marked that occasion.
Presenter
The Egyptian March by Johann Strauss is played and sung, I think, by the Vienna Philharmonic Orchestra.
Lord Weinstock
They burst into full voice in the middle of the feast.
Presenter
Feats.
Presenter
Now if you could only take one of those records.
Lord Weinstock
That's very d if I could only have one record, I don't think I'd take any of them. I think I would take either the Bach's and Matthew Passion or the Mozart K six two six Requiem Mass. And since if if I'm going to keep to my rule they must be conducted by Ricardo Mutti, I would have to take the Requiem Mass.
Presenter
But you have to take one of these eight hands.
Lord Weinstock
Oh dear, well if I have to take one of those, uh then I think I would take um
Lord Weinstock
Well, I would have to take the whole of the Verdi Requiem.
Presenter
Right. And what a about a book? What book would you take?
Lord Weinstock
Well, preferably I would like Grove's Dictionary of Music, but there's rather a lot of volumes. If I only have one volume, I think I would take a book of Primo Levi, um, If This Be a Man, or possibly one of his others, probably that one.
Presenter
And your luxury.
Lord Weinstock
I would like a photograph album with photographs of my family, my colleagues, my friends and my horses.
Presenter
Lord Winstock, thank you very much indeed for letting us hear your desert island discs.
Speaker 3
You've been listening to a podcast from the Desert Island Discs Archive. For more podcasts, please visit bbc.co.uk slash radio four.
My father had a bad heart and he got pneumonia. and died of congestive heart failure. My mother had cancer. My father died in nineteen twenty nine and my mother in nineteen thirty four. ... One of my brothers took me in for a bit until the war, and when the war came I was sent off with a label and a gas mask and a train to the wilds of Warwickshire.
Presenter asks
Do you think you get people's backs up by constantly attending to what they might regard as their detail?
Um well, what I hope happens is that they regard it as our detail and that um as I regard it as their policy and their strategy. I mean, I don't think that we should freeze out the people who make um do the work in the trenches.
Presenter asks
How important has the recognition of your knighthood and peerage been to you?
I think it's quite important. I'm not going to say that those were things I did only for my wife, as I've heard some of my friends say. I mean, I think that recognition does lend incentive and does entitle you to a certain respect from your comrades and the people with whom you have to deal. I must say that I prefer to have them than not have them.
“I don't believe it possible, um at least for me. to be a great policy maker without knowing what the thing is about. And in order to know um what decisions to make and on on large matters, I think you have to know what the detail is.”
“I think that the customer is king. The only thing I can remember of my years as an undergraduate was the title of the first economics textbook I ever saw when I was seventeen. And that was The Consumer is King. And I never forgot that.”
“I'm not actually thinking of retirements, I didn't have that in mind. ... No, I don't think I would be very happy retired.”