London Chamber of Commerce & Industry
Encyclopedia
The London Chamber of Commerce & Industry (LCCI) was established on 25 July 1881 at Mansion House
Mansion House, London
Mansion House is the official residence of the Lord Mayor of the City of London in London, England. It is used for some of the City of London's official functions, including an annual dinner, hosted by the Lord Mayor, at which the Chancellor of the Exchequer customarily gives a speech – his...

 in the City of London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

 with 130 members. The London Chamber represented the London Metropolis and not just the City of London. Many of the original 130 members still play a role in London Chamber today. International trade
Trade
Trade is the transfer of ownership of goods and services from one person or entity to another. Trade is sometimes loosely called commerce or financial transaction or barter. A network that allows trade is called a market. The original form of trade was barter, the direct exchange of goods and...

 activities continue to play a key role today, in particular the services provided by the Chamber's Export Documents, Customs and Trade Procedures and World Trade Teams.

The London Chamber of Commerce & Industry is one of the Strategic Partners of The Middle East Association

Origins

The aim of the newly formed body was to influence public opinion, the legislature
Legislature
A legislature is a kind of deliberative assembly with the power to pass, amend, and repeal laws. The law created by a legislature is called legislation or statutory law. In addition to enacting laws, legislatures usually have exclusive authority to raise or lower taxes and adopt the budget and...

 and to effect reforms that individual companies would not be powerful enough to bring about. From the beginning, the London Chamber's key role was serving the needs and interests of the trading
Trade
Trade is the transfer of ownership of goods and services from one person or entity to another. Trade is sometimes loosely called commerce or financial transaction or barter. A network that allows trade is called a market. The original form of trade was barter, the direct exchange of goods and...

 community and helping members resolve their trading problems. The development of a business information service in 1888, only seven years after the origin of chamber, was a major achievement. In the 1880s the London Chamber was instrumental in obtaining better terms for companies from the Government and the Suez Canal
Suez Canal
The Suez Canal , also known by the nickname "The Highway to India", is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea and the Red Sea. Opened in November 1869 after 10 years of construction work, it allows water transportation between Europe and Asia without navigation...

 Company with the help of Count Ferdinand de Lesseps
Ferdinand de Lesseps
Ferdinand Marie, Vicomte de Lesseps, GCSI was the French developer of the Suez Canal, which joined the Mediterranean and Red Seas in 1869, and substantially reduced sailing distances and times between the West and the East.He attempted to repeat this success with an effort to build a sea-level...

. This initiative garnered recognition for the newly formed Chamber.

Recent activities and achievements

The London Chamber of Commerce had adjusted its mission to continue meeting the needs of London businesses. Renamed the London Chamber of Commerce and Industry, the membership includes organizations from industry
Industry
Industry refers to the production of an economic good or service within an economy.-Industrial sectors:There are four key industrial economic sectors: the primary sector, largely raw material extraction industries such as mining and farming; the secondary sector, involving refining, construction,...

. The Chamber has been involved with the development of the London Enterprise Agency. It formed special interest groups including the Women in Business Group in 1991 and the Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...

n Business Association in 1995.

LCCI International Qualifications

The LCCI International Qualification range is designed to deliver the skills essential for success in today’s demanding commercial environment. By matching business skills to employers’ requirements and providing reliable evidence of candidates’ abilities, they receive international recognition from employers, educational institutes and professional bodies worldwide.

LCCI International Qualifications are trusted and valued by universities, employers and professional bodies the world over. Every year around 250,000 candidates choose LCCI International Qualifications to provide evidence of their ability across a variety of fields, and in order to further their academic and professional careers. Over 5000 schools, colleges, universities and private training companies in over 120 countries are approved to deliver LCCI International Qualifications.

LCCI International Qualifications have been offered globally for over 100 years and are awarded by EDI, one of the UK's leading awarding bodies. EDI is accredited by the British government and works closely with Ministries of Education around the world.

Their flexible qualifications programme includes examinations at various levels, enabling candidates to enter at the most appropriate level for their existing skills. They also offer Diplomas and Group Awards to allow candidates to add to their marketable skills and, in many cases, receive professional status. LCCI’s comprehensive range of qualifications includes:
  • Financial & Quantitative
  • English Language
  • Marketing and Customer Service
  • Business, Administration & IT

Federation of Commonwealth Chambers of Commerce

From 1911-1975, the Federation of Commonwealth Chambers of Commerce operated out of the premises of the LCCI. The Federation aimed to increase trade within the Commonwealth. The Federation held triennial congress, which rotated through the Commonwealth.

In 1927, the Davson Baronetcy
Davson Baronets
The Davson Baronetcy, of Berbice in British Guiana, is a title in the Baronetage of the United Kingdom.It was created on 21 January 1927 for Edward Rae Davson. He was Chairman of the Federation of Chambers of Commerce of the British Empire and a member of the Imperial Economic Committee and the...

 was created for Edward Rae Davson, then Chairman of the Federation.

Name changes

The Federation went through numerous name changes, reflecting the political structure of the Commonwealth:
  • British Imperial
    British Empire
    The British Empire comprised the dominions, colonies, protectorates, mandates and other territories ruled or administered by the United Kingdom. It originated with the overseas colonies and trading posts established by England in the late 16th and early 17th centuries. At its height, it was the...

     Council of Commerce 1911-1926
  • Federation of Chambers of Commerce of the British Empire 1926-1955
  • Federation of Commonwealth
    Commonwealth of Nations
    The Commonwealth of Nations, normally referred to as the Commonwealth and formerly known as the British Commonwealth, is an intergovernmental organisation of fifty-four independent member states...

    and British Empire Chambers of Commerce 1955-1961
  • Federation of Commonwealth and Empire Chambers of Commerce 1961-1963
  • Federation of Commonwealth Chambers of Commerce 1963-1975 (dissolved)

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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