Nationalisation
This page provides a timeline for nationalisation in the UK.
Inland telephone services |
|
1912 |
National Grid established |
|
1926 |
British Broadcasting Company (becomes British Broadcasting Corporation) |
|
1927 |
London Transport |
|
1933 |
British Overseas Airways Corporation (BOAC) formed by the merger of Imperial Airways and British Airways Ltd. |
|
1939 |
Coal; British European Airways (BEA) formed from the relevant part of BOAC |
|
1946 |
Central Electricity Generating Board |
|
1947 |
Railways |
|
1948 |
Gas supply |
|
1949 |
Iron and steel production (later denationalised by the Conservatives, then nationalised again in 1967) |
|
1951 |
Rolls Royce (aero engine division) |
|
1971 |
British Gas created, replacing regional gas boards |
|
1973 |
British Airways created (merger of four companies including BOAC and BEA) |
|
1974 |
British Leyland (privatised to British Aerospace in 1986) |
|
1976 |
British Aerospace created |
|
1977 |
British Telecom created; British Aerospace privatised |
|
1981 |
British Gas privatised |
|
1986 |
British Airways privatised |
|
1987 |
British Steel privatised |
|
1988 |
Railways privatised |
|
1994 |
Northern Rock, Bradford & Bingley, RBS (40%, gradually increased to 80%) |
|
2008 |
© Haydn Thompson 2017