[2] By 1946, LCS had reached a membership of 832,670 members, the highest of any of Britain's co-operatives, and had an annual revenue of £19 million.
By 1963, the London Society was noted as being the largest co-operative of its kind in the world, which was led by John Stonehouse as President at the time, who also served as a Labour Member of Parliament.
In the interwar years, the LCS Political Committee played an important role in winning Londoners over to the Labour Party, mobilising people behind co-operative ideals, and shaping policy at a national level, working as part of the national Co-operative Party.
In 1938, LCS initiated a boycott against Japanese goods, encouraging the Cooperative Wholesale Society to follow its example.
A political presence was also maintained in the House of Commons through the work of MPs, such as Stan Newens and Laurie Pavitt.