In 1933, on the formation of the London Passenger Transport Board, the LNER acquired the remaining operations of the Metropolitan Railway Company.
It depended on freight from heavy industry in Yorkshire, the north east of England and Scotland, and its revenue was reduced by the economic depression for much of the early part of its existence.
The company adopted a regional managerial system, with general managers based in London, York and Edinburgh, and for a short time, Aberdeen.
[8] For passenger services, Sir Nigel Gresley, the Chief Mechanical Engineer built new powerful locomotives and new coaches.
The crowning glory of this time was the world record speed of 126 miles per hour (203 km/h) achieved on a test run by LNER Class A4 4468 Mallard.
Soon it appeared on every facet of the company's identity, from metal locomotive nameplates and hand-painted station signage to printed restaurant car menus, timetables and advertising posters.
[19] The LNER inherited: It took shares in a large number of bus companies, including for a time a majority stake in United Automobile Services Ltd.
Some special trains and A4 Pacific locomotives were painted differently, including silver-grey and garter blue.
The task of creating an instantly recognisable public image went to William M. Teasdale, the first advertising manager.
Teasdale was influenced by the philosophies and policies of Frank Pick, who controlled the style and content of the London Underground's widely acclaimed poster advertising.
Teasdale and Dandridge commissioned top graphic designers and poster artists such as Tom Purvis to promote its services and encourage the public to visit the holiday destinations of the east coast in the summer.
[26] On the privatisation of British Rail in 1996, the franchise to run long distance express trains on the East Coast Main Line was won by Sea Containers Ltd, who named the new operating company Great North Eastern Railway (GNER), a name and initials deliberately chosen to echo the LNER.