 He was further educated in Stanford University, California, where he received a Master of Business Administration in 1959.Wolfson was director of Great Universal Stores from 1973 to 1978 and from 1993 to 2000, and chairman from 1996 to 2000.In 1978 and 1979 he was Secretary to the Shadow Cabinet and between 1979 and 1985 Chief of Staff of the Political Office, 10 Downing Street.