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Under the Transport Act 1947, along with the other members of the "Big Four" British railway companies (Great Western Railway, London and North Eastern Railway and Southern Railway), the LMS was nationalised on 1 January 1948, becoming part of the state-owned British Railways. The LMS was the largest of the Big Four railway companies [4 ...
The Midland shaped the subsequent LMS locomotive policy until 1933. Its locomotives (which it always referred to as engines) followed a corporate small engine policy, with numerous class 2F, 3F and 4F 0-6-0s for goods work, 2P and 4P 4-4-0s for passenger work, and 0-4-4T and 0-6-0T tank engines.
The number of jointly operated lines was greatly reduced by the grouping but a substantial number survived, including the Cheshire Lines Committee, the Forth Bridge Railway Company, the Midland and Great Northern Joint Railway (all LMS/LNER) and the Somerset and Dorset Joint Railway (LMS/SR). At in excess of 180 track miles, the M&GN was the ...
for the list of subsidiary companies and joint railways see List of constituents of the London, Midland and Scottish Railway; The Railways Act 1921 did not extend to Ireland, but Irish lines owned by constituent companies became part of the LMS: Northern Counties Committee lines (NCC) 265 + 1 ⁄ 4 miles (427 km) (owned by the Midland Railway)
The LMR inherited ex-LMS types of steam locomotive. For a few months in early 1948, an M prefix was added to existing LMS locomotive numbers. From mid-1948, 40000 was added, giving numbers of ex-LMS types in the 4XXXX and 5XXXX series. Some elderly locomotive classes were renumbered in the 58XXX series to make way for new production of LMS designs.
The LMS, formed on 1 January 1923 from many smaller companies included the Caledonian Railway (CR), Furness Railway (FR), Glasgow and South Western Railway (GSWR), Highland Railway (HR), Lancashire and Yorkshire Railway (LYR), London and North Western Railway (LNWR), Maryport and Carlisle Railway (MCR), Midland Railway (MR), North London ...
The Railways Act 1921 did not extend to Ireland, but Irish lines owned by constituent companies became part of the LMS: Dundalk, Newry and Greenore Railway (DNGR) 26 + 1 ⁄ 2 miles (43 km) (owned by the LNWR) – operated from 1933 by the GNR(I) Northern Counties Committee lines (NCC) 265 + 1 ⁄ 4 miles (427 km) (owned by the Midland Railway)
The LNWR became a constituent of the London, Midland and Scottish (LMS) railway when the railways of Great Britain were merged in the grouping of 1923. Ex-LNWR lines formed the core of the LMS's Western Division. Nationalisation followed in 1948, with the English and Welsh lines of the LMS becoming the London Midland Region of British Railways.