Thomas Tilling - Nationalisation

Nationalisation

As part of the government's moves toward nationalisation of the transport industry, the Transport Act 1947 resulted in formation of the British Transport Commission (BTC). The railway companies were nationalised from 1 January 1948 with the result that their major stake in the Tilling and BET bus companies passed into public ownership from that date. Tilling sold its remaining holdings to the BTC at the beginning of 1949, as did the Scottish Motor Traction group.

Thomas Tilling (BTC) Ltd. was set up as a BTC subsidiary to run Tilling's London private hire business which continued under nationalisation

BET retained its independence but the BTC ultimately gained up to a 50% holding in 17 of its companies so, from 1949, there were still two major bus groups, the nationalised BTC (formerly Tilling) and BET (part owned by the BTC). The ex-Tilling companies continued to be commonly referred to as the "Tilling Group" long after nationalisation and normally carried one of two standard liveries - a crimson red or a deep green (often referred to as Tilling Red and Tilling Green), each with cream relief. These liveries remained the standard after formation of the National Bus Company until a new corporate livery of NBC Poppy Red/White or NBC Leaf Green/White was introduced from late 1972. The 1930s acquisition of Bristol and ECW resulted in Bristol chassis and ECW bodywork remaining standard amongst former Tilling Group fleets through to the 1970s.

As a postscript, on 1 January 1963, a new body, the Transport Holding Company (THC) took over the bus assets of the BTC and, in 1967 BET sold its remaining bus interests to THC and the National Bus Company was formed a year later, mainly from former Tilling and BET subsidiaries.

Read more about this topic:  Thomas Tilling