World famous steam locomotive the Flying Scotsman is to chug its way on to the London Stock Market, in a move which will allow Rail enthusiasts to have their very own share in the engine.

The locomotive, which took to the tracks in 1923 and was the first to break the 100mph barrier in 1934, is to be floated in the coming weeks by owner Dr Tony Marchington.

Pharmaceuticals entrepreneur Dr Marchington sold his stake in biotech company Oxford Molecular last year and has spent nearly £2.5m buying the locomotive and restoring it to working order.

Money from the flotation will help fund a multi-million pound Flying Scotsman Village theme park earmarked for a site in Doncaster.

Robin Jones, editor of Heritage Railway magazine, said: Flying Scotsman has become the definitive icon of the steam age and it is now set to break major new ground in the 21st century.

By giving the public the chance to own shares in the locomotive, it will become the ultimate people's engine."