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The 1948–49 British Ice Hockey season featured the English National League and Scottish National League.^[1]

English National League

	Club	GP	W	L	D	GF–GA	Pts
1.	Wembley Monarchs	14	10	3	1	70:45	21
2.	Harringay Racers	14	8	3	3	76:54	19
3.	Earls Court Rangers	14	7	6	1	59:56	15
4.	Harringay Greyhounds	14	7	6	1	68:70	15
5.	Nottingham Panthers	14	7	7	0	69:58	14
6.	Streatham Royals	14	6	6	2	52:42	14
7.	Brighton Tigers	14	3	9	2	59:84	8
8.	Wembley Lions	14	3	11	0	46:90	6

	Club	GP	W	T	L	GF–GA	Pts
1.	Wembley Monarchs	14	9	2	3	78:41	20
2.	Nottingham Panthers	14	9	0	5	79:52	18
3.	Harringay Greyhounds	14	9	0	5	60:55	18
4.	Streatham Royals	14	8	0	6	72:45	16
5.	Brighton Tigers	14	7	0	7	80:64	14
6.	Wembley Lions	14	6	1	7	61:69	13
7.	Earls Court Rangers	14	5	1	8	52:59	11
8.	Racing Club de France	14	1	0	13	41:138	2

	Club	GP	W	L	T	GF–GA	Pts
1.	Fife Flyers	24	16	5	3	119:74	35
2.	Falkirk Lions	24	17	7	0	152:91	34
3.	Dunfermline Vikings	24	14	7	3	118:103	31
4.	Paisley Pirates	24	10	11	3	137:137	23
5.	Dundee Tigers	24	8	14	2	123:138	18
6.	Perth Panthers	24	8	14	2	106:139	18
7.	Ayr Raiders	24	3	18	3	103:176	9

Semifinals

Falkirk Lions - Paisley Pirates 15:9 on aggregate (12:4, 3:5)
Fife Flyers - Dunfermline Vikings 13:20 on aggregate (5:7, 5:3 - tied, two more games played - 3:4, 0:6)

Final

Final