- Iron and Steel Corporation of Great Britain
The Iron and Steel Corporation of Great Britain was a nationalised industry, set up in
1949by Clement Attlee's Labour government.
Nationalisation took effect in
1951but was strongly resisted by the Conservative opposition. On returning to power, they instructed the Corporation to make no change to the structure of the industry and made plans instead for its return to the private sector.
The Corporation was superseded by the Iron and Steel Holding and Realisation Agency. The Agency succeeded in selling all of the nationalised companies with the exception of the largest,
Richard Thomas and Baldwins. This remained in public ownership and was absorbed into the British Steel Corporation when the industry was re-nationalised by the government of Harold Wilsonin 1967.
* Whitaker's Almanack (various dates)
* [http://www.time.com/time/magazine/article/0,9171,858212-1,00.html "Time" article on denationalisation]
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