The LMS Scientific Research Laboratory was set up following the formation of the London, Midland and Scottish Railway in 1923. In 1929, the Company President, Lord Stamp read a paper Scientific Research in Transport to the Institute of Transport, and, in 1930 he founded the Advisory Committee on Scientific Research for Railways. Later, after British Rail privatisation and the sale of the Research Division to AEA Technology, the Scientific Services department was separately privatised to form the company "Scientifics Ltd".