British Coal

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British Coal company logo

The British Coal Corporation was a nationalised corporation in the United Kingdom responsible for the extraction of coal. It existed, in various forms, between from the Labour Government 1945-1951's Coal Industry Nationalisation Act in 1946 until 1997.

British Coal Collieries as of 1994[1]
Colliery Location
Longannet Fife
Point of Ayr Flintshire
Kellingley Yorkshire
Maltby Yorkshire
Prince of Wales Yorkshire
North Selby Yorkshire
Riccall Yorkshire
Stillingfleet Yorkshire
Wistow Yorkshire
Whitemoor Yorkshire
Bilsthorpe Nottinghamshire
Harworth Nottinghamshire
Thoresby Nottinghamshire
Welbeck Nottinghamshire
Daw Mill Warwickshire
Ashfordby Leicestershire

History[edit]

British Coal was formed on 12 July 1946 as the National Coal Board (NCB), which was responsible for the organisation and running of coal extraction. It was under the responsibility of the Minister of Fuel & Power, who presented the Board's reports to Parliament.

The vesting date for nationalised coal was 1 January 1947 when the assets of approximately 800 private colliery companies, the Coal Commission, the service contracts held by the colliery companies, and all staff from the district selling schemes that operated in the United Kingdom were transferred to the NCB.

The NCB formed two holding companies in 1973 to handle non-core (deep and opencast mining) activities: NCB (Coal Products) Limited and NCB (Ancillaries) Limited.

In 1987, the NCB became the British Coal Corporation.

With the passing of the Coal Industry Act 1994, the 16th and last Coal Industry Act, the industry-wide administrative functions of British Coal were transferred to a new authority, the Coal Authority. All economic assets were privatised, the English mining operations being merged with RJB Mining to form UK Coal plc forming a monopoly exempted from EU competition laws. British Coal was therefore wound up on 26 January 1997.[2]

See also[edit]

References[edit]

  1. ^ Royce Logan Turner (1995). The British Economy in Transition. Routledge. p. 23. ISBN 9780415111140. 
  2. ^ Companies House

Further reading[edit]

External links[edit]