Max Aitken, 1st Baron Beaverbrook to resign and stand for re-election in a by-election. Aitken made arrangements for this, but then Lloyd George decided to appoint Albert Stanley instead. Aitken was a friend of Stanley and agreed to continue with the resignation, so that Stanley could take Aitken's seat in Parliament and be eligible for ministerial office. In return, Aitken received a peerage on 23 January 1917 as the "1st Baron Beaverbrook", the name "Beaverbrook" being adopted from a small community near his boyhood home. He had initially considered "Lord Miramichi", but rejected it on the advice of Louise Manny as too difficult to pronounce.
Alan Sainsbury, Baron Sainsbury to know their father when they joined the family firm. On 3 May 1962 he was the first of three members of the Sainsbury family to receive a life peerage. He took the title Baron Sainsbury, of Drury Lane in the Borough of Holborn. As the first peerage using the family name, the territorial designation - referencing the location of the family's first shop - did not form part of the title. When Alan's son John became a peer in 1989, he took the title "Baron Sainsbury of Preston Candover" to differentiate between them. In the same way when Alan's