After The Second World War
The company was nationalised in 1948 along with the rest of the railway companies of Great Britain. The London & North Eastern Railway Company continued to exist as a legal entity for nearly two more years, being formally wound up on 23 December 1949.
On the privatisation of BR in 1996, the franchise to run long distance express trains on the East Coast Main Line was initially won by Sea Containers Ltd, who named the new operating company Great North Eastern Railway (GNER), a name and initials deliberately chosen to echo the former LNER.
Read more about this topic: London And North Eastern Railway
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