British_Coal_Corporation

British Coal

British Coal

Defunct British state-owned fossil fuel producer


The British Coal Corporation was a nationalised corporation responsible for the mining of coal in the United Kingdom from 1987 until it was effectively dissolved in 1997. The corporation was created by renaming its predecessor, the National Coal Board (NCB).

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History

The Coal Industry Act 1987 (c. 3) changed the name of the National Coal Board (NCB) to 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 the new Coal Authority from 31 October 1994.[1][2]

All economic assets were privatised. The English mining operations were merged with RJB Mining to form UK Coal, a monopoly. British Coal continued as a separate organisation until 31 December 1997, after which it was run as a residual legal entity by staff within the Coal Directorate of the Department of Trade and Industry,[3][4] eventually being dissolved on 27 March 2004.[5][6]

List of collieries

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See also


References

  1. "Coal Industry Act 1994", legislation.gov.uk, The National Archives, 5 July 1994, 1994 c. 21, retrieved 5 May 2016
  2. "British Coal sell-off nearing completion". The Independent. 23 July 1996.
  3. Royce Logan Turner (1995). The British Economy in Transition. Routledge. p. 23. ISBN 9780415111140.

Further reading


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