Based on a design proposal made in the late 1950s by staff members of the then Loughborough Training College - and a panel of Instructors and Organisers -  the 5.125" x 14" Raglan training lathe utilised the same bed section, saddle, apron (less the screwcutting mechanism) tailstock and compound-slide assembly (though unfortunately with different feed screws and nuts) as the company's well-established "Little John" model. The 1.031" bore (7/8" capacity) No. 3 Morse taper spindle ran in Timken taper roller bearings and was driven by a 1/2 hp single or 3-phase motor (externally-mounted beneath the headstock on early versions, enclosed on later) through a 3-step flat belt pulley to give speeds of  125, 350 and 600 rpm. As an option (though rarely fitted) a 2-speed 3-phase motor was also available that provided a much more useful range of speeds: 125, 250, 350, 600, 700 and 1200 rpm.
Like the Little John and later 5-inch models, it was a very rigid lathe with the headstock and bed cast as one; unfortunately, its limited speed range and hand-feed-only design, meant that it was suitable only simpler types of model engineering and experimental work. However, although intended as an inexpensive training lathe it was, like all other Raglan products, sold at a premium price: for example, in 1965 it was listed at £119 : 10 : 0d., a sum only a little less than the £128 : 8 : 0d asked for a backgeared and screwcutting Myford ML7 fitted out to the same specification with motor, switchgear, stand and chip tray.
Although offered primarily as a training lathe, another version was marketed as a second-operation machine for production use. This model had a lever-operated Burnerd "Multi-size" collet closer, a cross-slide with both  4-way and rear toolposts, a 4-position carriage stop and the option of a bed-mounted 6-station capstan head and a rack-operated cross-slide cut-off unit (with its own saddle and bed fittings). The cross-slide was equipped with a rotating multi stop - adapted from the one used on the full-specification  Little John and "5-inch" capstan lathes. Fitted as standard, a 1 h.p. 3-phase motor gave three speeds of 300, 750 and 1200 r.p.m. This rare version was advertised in two forms: Standard and Special -  though a close reading of the specification reveals no differences between them - the "changes" probably just being in the copywriing semantics  The machine was expensive: at more than twice the price of the ordinary version it cost, in 1966 (with motor, switchgear and collet chuck--but no collets) between £266 and £316--and few can have been sold. The 6-station turret unit was an extra £81 : 5s : 0d and coolant £27 : 6s : 0d.
In all its forms the "Loughborough" was 37-inches long, 18-inches wide, weighed approximately 225 lbs and was manufactured until the early 1970s..