“Among the oldest are the Fishmongers’ Company, granted their charter in 1272, and … Charters were granted to them in return for large sums of money advanced to the national exchequer by the Companies. As a form of identification to which a guild member belonged to, they would wear different coloured tabards as part of their regalia this would become part … They were established in the 12th century by groups of tradesmen, craftsmen and merchants with similar skills and interests. These groups formed a guild for their specific trade or industry. Legacies were bequeathed to the companies for the care of their poor and infirm members and thus they became responsible for administering large charities for … “The livery companies of the City of London were originally established to protect and regulate the various trades which were carried out within the City,” explains Danielle Thom, curator at the Museum of London. “The companies evolved from medieval guilds, fraternities and loose associations of artisans and merchants. The Livery Companies of London ran in a similar way to the guilds, they had accumulated property and possessed magnificent halls. Livery companies are trade associations in the City of London.

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