Trade associations at work

This case study covers the role played by Trade Associations in the UK economy. It draws on examples from four contrasting industrial and service sectors: travel, financial services, electrical contracting and road haulage. The economy is made up of business sectors, each of which contributes to consumer welfare. For example, we all benefit from having goods delivered efficiently to our local supermarket (road haulage), being able to open and use a savings account (financial services), having electrical wiring installed safely in any place we live,…