A lathe for turning a workpiece by means of a headstock and a tailstock includes a lathe bed having an elongate main support structure and bedrails extending along a side of the structure, these rails adjustably supporting the tailstock. Leg supports are provided at opposite ends of the support structure and two pivot connectors each join a respective one of the bed ends to a support leg. The bed can be pivoted about a horizontal axis extending through these pivot connectors between an upright position which can be used when the lathe user is standing and a sideways position which can be used when the user is sitting. In the upright position, the bedrails are on top of the main support structure.