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The 1920 Tube Stock consisted of forty cars built by Cammell Laird in Nottingham, England.These cars were the first new tube cars to be built with air operated doors. The batch consisted of twenty trailer and twenty control trailer cars, which were formed into six-car trains by the addition of twenty French motor cars built in 1906 and modified for air-door operation.
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The 1920s also saw the introduction of the GWR's most famous locomotives – the Castle and King classes developed by C. B. Collett. The 1930s brought hard times, and the records set by the Castles and Kings were surpassed by other companies, but the company remained in relatively good financial health despite the Depression .
The "Big Four" were joint-stock public companies. During the 1920s and 1930s, rising competition from road transport reduced revenues, leading to a lack of investment and thus a period of slow decline. The "Big Four" cooperated closely during the Second World War and continued to run the railway system up until 31 December 1947.
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