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Catalogue description United Kingdom Commercial Corporation and English and Scottish Commercial Corporation: Reports and Papers
| Reference: | BT 192 |
|---|---|
| Title: | United Kingdom Commercial Corporation and English and Scottish Commercial Corporation: Reports and Papers |
| Description: |
Papers of the Chairman of the United Kingdom Commercial Corporation, consisting of files on Russia, reports from various trading areas and submissions to the Public Accounts Committee; General Manager's Papers, mostly relating to Russia; papers concerning Russian supplies and transport, and Iskenderin Port Development; Treasury Authorities, and a general ledger, 1941 to 1942. |
| Date: | 1940-1952 |
| Related material: |
For further papers of the United Kingdom Commercial Corporation and subsidiary companies see T 263 For other papers relating to the Corporation see BT 11 |
| Held by: | The National Archives, Kew |
| Legal status: | Public Record(s) |
| Language: | English |
| Creator: |
English and Scottish Commercial Corporation Limited, 1940-1960 United Kingdom Commercial Corporation Limited, 1940-1946 |
| Physical description: | 145 files and volumes |
| Administrative / biographical background: |
On 4 April 1940 the chancellor of the Exchequer announced that a company, the English Commercial Corporation Limited, was to be formed to overcome difficulties involved in trade between the United Kingdom and neutral countries. The company was registered a week later under the name United Kingdom Commercial Corporation Limited; its capital was provided by the Treasury, but its commercial operations were quite independent save for broad policy consultations with the government. It was not intended that the Corporation should supplant the then existing channels of trade but, on the contrary, to make full use of them. A subsidiary, the English and Scottish Commercial Corporation Limited, engaged in pre-emptive purchases of an uneconomic nature. When the main corporation went into voluntary liquidation in 1946, this subsidiary was reorganised and continued until its own winding-up in 1953, dealing with the main corporation's Russian business. |
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