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John Weskett ran a London chamber from 1782 to 1800; a larger chamber ran in 1823 and 1824, with support from MP and Bank of England director William Haldimand, and other prominent people; and several other short-lived attempts were made until the current chamber was founded in 1882.
The LCC was a prominent supporter of calls for an Imperial Federation. In 1886, they funded a competition for the best essay “Formulating a Practical Working Plan of the Federation and the Mother Country.”. The prize was set at £50 and a size limit of 75 pages was set. 106 entries were received and judged by a panel consisting of James Anthony Froude, Sir Rawson W. Rawson and Professor John Robert Seeley.
The competition was won by William Henry Parr Greswell, a former professor of classical studies at Cape University. His essay was published by the with those of the runners-up, J C. Fitzgerald of Wellington, New Zealand, Philip Vernon Smith, an ecclesiastical barrister, W. J. Bradshaw of Melbourne, Australia and F. H. Turnock of Winnipeg, Manitoba, Canada. A final essay by Reverend Dalton, a canon in Windsor was expanded and published later.
In 1903, the LCCI established its first arbitration scheme for the resolution of commercial disputes, called the London Chamber of Arbitration. In 2020, this was reformed as the London Chamber of Arbitration and Mediation (LCAM).
