Originally published in 1986, this is a business history of the first twenty-five years of nationalised railways in Britain. Commissioned by the British Railways Board and based on the Board's extensive archives, it fully analyses the dynamics of nationalised industry management and the complexities of the vital relationship with government. After exploring the origins of nationalisation, the book deals with the organisation, financial performance, investment and commercial policies of the British Transport Commission (1948 2), Railway Executive (1948 53) and British Railways Board (1963 73). Calculations of profit and loss, investment, and productivity are provided on a consistent basis for 1948 73. This business history thus represents a major contribution not only to the debate about the role of the railways in a modern economy but also to that concerning the nationalised industries, which have proved to be one of the most enduring problems of the British economy since the war.

This is a business history of the first twenty-five years of nationalised railways in Britain. Commissioned by the British Railways Board and based on the Board's extensive archives, it breaks new ground in analysing fully the dynamics of nationalised industry management and, in particular, the complexities of the vital relationship with government. After exploring the origins of nationalisation, the book deals with the organisation, financial performance, investment and commercial policies of the British Transport Commission (1948-2), Railway Executive (1948-53) and British Railways Board (1963-73). The special problems of the railway industry, unique in its complexity, are fully explored, and new calculations of profit and loss, investment, and productivity are provided on a consistent basis for 1948-73. This business history thus represents a major contribution not only to the debate about the role of the railways in a modem economy but also to that concerning the nationalised industries, which have proved to be one of the most enduring problems of the British economy since the War.

No industry provides more household names than brewing; none retains a firmer place in British culture; and at the height of the temperance movement none was more controversial. Yet this volume provides an extended account of brewing in the modern period. Thoroughly based upon research in brewing archives, it surveys the industry from 1830 to 1980, tracing its development from one in which there were thousands of firms producing beer to one now dominated by half a dozen large companies. It is an account which carries the reader from the porters, ales and stouts, the vast vats, drays and myriad beer houses of early Victorian England, to the draught lagers, giant fermenters, beer tankers and theme pubs of the late twentieth century. In this wide-ranging book the authors discuss free trade in beer, the impact of temperance, and the emergence of the great Victorian breweries together with their acquisition of public houses and company status. In the twentieth century, they examine the impact of two World Wars, the movement for improved public houses, the sobriety of the 1920s, and the revolution sweeping the industry since the 1950s.