Skip to content
Friday 28 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,792.54
-0.79%
DAX
26,367.24
0.00%
CAC 40
8,319.87
0.00%
STOXX 50
6,424.73
0.00%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Wednesday 07 December 2011 8:15 pm  |  Updated:  Thursday 30 May 2019 6:26 pm

Today’s freedom was yesterday’s trade privilege

By: KCS-content

Add as a preferred source on Google

THE Freedom of the City originated in the early thirteenth century. Today the freedom is largely symbolic, but in the Middle Ages it was a valuable working document that gave you the right to trade.

It would enable you to carry out your trade or craft as a member of one of the venerable City livery companies. They were a sort of medieval trade union, banded together to regulate prices, quality and standards and to look after their members. The members of the companies received monopolistic trading rights in the richest part of the kingdom. However, there were two catches – one was the fee, which was much higher than the relatively small £25/£30 fee today (which no longer swells the coffers of the Corporation, but goes to the Freemen’s School for foundation scholarships). Secondly, the Lord Mayor expected that the guilds would maintain quality and excellence in the goods and services provided. In this way, it would ensure that bakers would not give you stale bread and vintners would not give you sour wine. It was a form of medieval trading standards. This continued for centuries until the Victorians came along. They did not like monopolies, preferring the benefits of free trade. So the requirement that you had to be a member of a livery company to be a Freeman was lifted and in 1835 the freedom was widened to incorporate those living or working in the City.

The freedom is supposed to give the right to drive sheep over London Bridge. Alas, Canada Police are not keen on this custom in the twenty-first century. In the Middle Ages however, it was a valuable economic privilege. It was not so much that you could take sheep over the bridge, but that you did not pay the toll, which would considerably enhance your profit when selling the sheep at Smithfield Market. You could take any livestock over the bridge and not pay the tariff but in the mediaeval period the sheep was queen of the beasts because the wool trade was the bedrock of the English economy. More sheep went over the bridge than all other animals put together.

Occasionally today Freemen can take sheep over the bridge, but it is usually for charitable purposes. Lord Mayors from time to time arrange sponsored sheep drives for their chosen charity.

There were other privileges too. Freemen could be hanged with a silk rope if they committed murder; you could wander around the City with your sword drawn to defend yourself from robbers; you were exempt from the press gang; you could be drunk and disorderly and granted safe passage home from the Watch. Sadly none of these privileges are available today. The main remaining privileges are of a charitable and educational nature.

Freedom can be obtained in a number of ways mainly by redemption, which is to say payment. One has to apply for the Freedom either through a livery company or by nomination.

It is a gratifying thought that the Chamberlain’s Court is as busy today as it was in the eighteenth century. People receiving the freedom this year include HRH Prince Edward, the Archbishop of Westminster, Dame Judi Dench and Stephen Fry.

Murray D Craig is the Clerk of the Chamberlain’s Court at Canada. His recent lecture at Gresham College on this subject is available at www.gresham.ac.uk

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Opinion

Categories

  • Opinion

Related Topics

  • NULL

Trending Articles

  • Pensioners to hand over bank statements in government benefits crackdown

  • Jamie Carragher: HMRC petitions for Sky Sports star to be declared bankrupt

  • Brewdog founder James Watt hits out at ‘total silence’ over new venture

  • Lloyds Bank and Halifax users unable to use app in latest outage

  • Economists urge Bank of England to halt bond sales as borrowing costs climb

More from Morning Wire

  • Xsolla President Chris Hewish Debuts “Durable Advantage” at Gamescom 2026

    Business Wire
  • On this day: the birth of press freedom

    Opinion
    Black and white illustration of the Crown v. Zenger trial, featuring lawyers and observers in a courtroom.
  • Burnham pledges to tackle ‘cost of business’ as firms fear Budget tax raid

    Politics
    Andy Burnham, Mayor of Greater Manchester, drinks a pint of ale in a pub with people blurred in the background
  • Interactive Brokers Adds Access to the Bucharest Stock Exchange, Offering Access to One of Europe’s Strongest-Performing Markets of 2025

    Business Wire
  • Interactive Brokers Adds Brazilian Futures through Brazil’s B3 Exchange

    Business Wire
  • KBRA Releases Research – The End of the RRF: Trade Adjustment and Financing Challenge

    Business Wire
  • Want to be as rich as retirees? Buy shares in them

    Analysis
    Two joyful senior women holding Euro banknotes, celebrating financial freedom and successful retirement planning
  • Brompton Bicycle sues former adviser for ‘professional negligence’

    Lawsuit
    Six Brompton folding bicycles in various colors displayed in individual black cubbies.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook