London Passenger Transport Board x London Transport Executive

In 1929 the London County Council tramways, the Underground railways and the London General Omnibus Company proposed to coordinate their services. It was not until 1933, however, that the London Passenger Transport Board (LPTB) was established by law.

During the Second World War the government assumed control of the LPTB, and remained in charge until 1947. In that year the Transport Act set up the British Transport Commission, which appointed executive bodies to deal with transport throughout the country. One of these took over the whole of road and rail transport in London, while the LPTB became the London Transport Executive in 1948.

Between 1970 and 1984 the Greater London Council (GLC) was responsible for the overall policy and finances of London Transport, while the London Tranport Executive was responsible for the day-to-day management and operation of services. On the abolition of the GLC in 1984, London Regional Transport was formed as a statutory corporation responsible to the government. It set up a number of wholly owned subsidiaries, including London Underground Limited and London Buses Limited. In 1990 London Regional Transport became known again as London Transport for all but legal purposes.