Early guilds and livery companies were also often involved in the regulation of trade among themselves.

There are over one hundred livery companies in London.

In an average year they might give away £7m, about one-sixth of the total charitable contributions for the 108 livery companies.

This is closely tied to the role and status of the Livery Companies.

Early guilds and livery companies were also often involved in the regulation of competition between traders.

In 1559, it became the 47th livery company.

It also supports general charities, as do other Livery Companies.

The right of election was held by members of the Livery Companies.

There are now 108 livery companies, some very new, so the Order of Precedence is sometimes reviewed.

The Livery Companies also ensured that they had jurisdiction over the area.