British Coal


The British Coal Corporation was a nationalised corporation responsible for the mining of coal in the United Kingdom. It existed from the 1946 Labour Government 1945-1951's Coal Industry Nationalisation Act establishing the National Coal Board , until the 1997 disestablishment of the British Coal Corporation.

History

National Coal Board

British Coal was formed on 12 July 1946 as the National Coal Board, 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 eight hundred 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 activities: NCB Limited and NCB Limited.

British Coal Corporation

The Coal Industry Act 1987 changed the NCB into 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 were merged with RJB Mining to form UK Coal plc to form a monopoly. The British Coal Corporation officially ceased on 26 January 1997.
The business was succeeded by the Coal Authority.

List of Collieries