The British Coal Corporation was a nationalised corporation responsible for the mining of coal in the United Kingdom from 1987 until it was effectively dissolved in 1997. The corporation was created by renaming its predecessor, the National Coal Board (NCB).
History
The (c. 3) changed the name of the National Coal Board (NCB) to the British Coal Corporation. With the passing of the Coal Industry Act 1994, the 16th and last Coal Industry Act, the industry-wide administrative functions of British Coal were transferred to the new Coal Authority from 31 October 1994.[1][2]
All economic assets were privatised. The English mining operations were merged with RJB Mining to form UK Coal, a monopoly. British Coal continued as a separate organisation until 31 December 1997, after which it was run as a residual legal entity by staff within the Coal Directorate of the Department of Trade and Industry,[3]