1946
80th anniversary
PolicyUnited Kingdom
Britain Nationalizes Its Railways
British Railways
United Kingdom
December 12, 1946
Summary
The Transport Act 1947 was passed, leading to the creation of British Railways and nationalization of Britain's rail network.
Full Story
On this day, the British Parliament passed the Transport Act 1947, which would nationalize the UK's railways on January 1, 1948.
**The Big Four Absorbed:**
- Great Western Railway (GWR)
- London, Midland and Scottish Railway (LMS)
- London and North Eastern Railway (LNER)
- Southern Railway (SR)
**Why Nationalization?**
- Post-war financial crisis
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Quick Facts
- Date
- December 12, 1946
- Event Type
- Policy
- Country
- United Kingdom
- Years Ago
- 80
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