Transport Act 1947

The Transport Act 1947 was a law passed in 1947 by the British government under Clement Attlee law the nationalization of the railways.

The four major railway companies

  • London, Midland and Scottish Railway (LMS )
  • Great Western Railway ( GWR )
  • London and North Eastern Railway ( LNER )
  • Southern Railway (SR )

And numerous smaller transport companies were nationalized and consolidated into the British Transport Commission ( BTC). The shareholders of the railway companies were resigned to compensation payments, but the bemass at the low value of after the war ends located in a battered state railway company.

15 years later the British Transport Commission was resolved with the Transport Act 1962, the Conservative Prime Minister Harold Macmillan and founded on January 1, 1963, the British Railways Board.

Statute Transport Act 2000 Transport Act 1980 Transport Act 1985 Railways Act 1993
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