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BMC acquired the shares in Morris Motors and the Austin Motor Company. The economic history of the United Kingdom relates the economic development in the British state from the absorption of Wales into the Kingdom of England after 1535 to the modern United Kingdom of Great Britain and Northern Ireland of the early 21st century.
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Scotland England and Wales shared a monarch from 1601 but their economies were run separately until they were.
. Morris Motors the holding company of the productive businesses of the Nuffield Organization owned MG Riley and Wolseley. The British Motor Corporation Limited BMC was a UK-based vehicle manufacturer formed in early 1952 to give effect to an agreed merger of the Morris and Austin businesses.
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