Jones was born in Merthyr Tydfil, Wales, in 1911. He was educated at the London School of Economics. He served on the foreign and editorial staffs of "The Times", 1937-39 and 1947-48. He worked for the Army Intelligence Staff, War Office and Mediterranean Theatre, 1940-46.
He contested the Parliamentary seats of South East Essex in the General Election, 1945, and Heywood and Radcliffe (by-election), 1946. He was elected as the Unionist MP for Birmingham, Hall Green, 1950-65.
Jones served as Parliamentary Private Secretary to Minister of State for Economic Affairs, 1952, and to Minister of Materials, 1953. He was appointed Minister of Fuel and Power, December 1955-January 1957 and Minister of Supply, 1957-October 1959.
He joined the British Iron and Steel Federation, 1949, acting as its General Director, June-December 1955. He was a member of the Plowden Cttee of Inquiry into Aircraft Industry, 1965-66; the Chairman (inter alia) of Staveley Industries Ltd, 1964-65; a Director of Guest, Keen & Nettlefolds Steel Company Limited, 1960-65; Courtaulds Ltd, 1960-63; and Black & Decker, 1977-81. He was appointed Chairman of the Prices and Incomes Board, 1965-70; and Vice-President, Consumers' Association, 1967-72.
He acted as a leading consultant to, among others, the Iranian Government, 1974-78, and Plessey Ltd, 1978-80.
He published, "The Pendulum of Politics" 1946; "Industrial Order", 1950; "The New Inflation: the politics of prices and incomes", 1973; (ed) "Economics and Equality", 1976; (contrib.) "My LSE", 1977; (contrib.) "The End of the Keynesian Era", 1977; "Oil: the missed opportunity", 1981; and "Britain's Economy: the roots of stagnation", 1985.
Jones died in April 2003.
Papers relating to the political and business careers of Jones, in particular economic and other papers relating to his Chairmanship of the National Board for Prices and Incomes
Presented to Churchill Archives Centre by Rt Hon Aubrey Jones and Mrs Aubrey Jones between 1982-2004
The collection is owned by Churchill College Cambridge.