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Reference
(The unique identifier to the record described, used to order and refer to it)
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MT 132
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Title
(The name of the record)
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Ministry of Transport: Finance, Transport and Shipping (FTS Series) Files
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Date
(When the record was created)
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1922-1974
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Description
(What the record is about)
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This series contains files relating to the financing of the railways, shipping, canals, ports, road transport and statutory undertakers, including the nationalised transport industries. The subject matter includes economic planning, civil defence and the financing of the Channel Tunnel.
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Held by
(Who holds the record)
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The National Archives, Kew
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Former department reference
(Former identifier given by the originating creator)
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FTS Series
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Legal status
(A note as to whether the record being described is a Public Record or not)
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Public Record(s)
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Language
(The language of the record)
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English
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Creator(s)
(The creator of the record)
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- Ministry of Transport, Finance Division General, 1959-1962
- Ministry of Transport, Finance Transport and Shipping (FTS), 1962-1969
- Ministry of Transport, Finance Transport Services, 1969-1971
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Physical description
(The amount and form of the record)
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181 file(s)
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Access conditions
(Information on conditions that restrict or affect access to the record)
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Subject to 30 year closure unless otherwise stated
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Immediate source of acquisition
(When and where the record was acquired from)
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from 1998 Department of the Environment, Transport and the Regions
from 1988 to 1997 Department of Transport
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Subjects
(Categories and themes found in our collection (our subject list is under development, and some records may have no subjects or fewer than expected))
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- Topics
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Railways
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Transport management
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Administrative / biographical background
(Historical or biographical information about the creator of the record and the context of its creation)
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The Finance, Transport and Shipping (FTS) Division was created in 1962 under a departmental reorganisation of the Finance and Accounts Group. It originally had responsibility for railways, shipping, shipbuilding, canals, ports, road transport and statutory undertakings, including the nationalised transport undertakings. In 1964, the Division aquired responsibility for the financing involved with the Channel Tunnel.
In 1965 responsibility for merchant shipping and shipbuilding finance was transferred to the Board of Trade and in 1967, responsibility for railways and canals was transferred to the Finance, Nationalised Industries and Investment Division. At the same time, the Division aquired responsibility for safety. In 1969, the remaining shipping functions were transferred to the Board of Trade, financing of the Channel Tunnel was transferred to the Channel Tunnel Administrative Division and the Division was renamed Finance, Transport Services.
The Division was dissolved in 1971 as a result of a departmental reorganisation by the Ministry of Transport's successor, the Department of the Environment.
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Record URL
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https://beta.nationalarchives.gov.uk/catalogue/id/C11181/