The Butchers' still, unlike other Livery Companies, continues to exist as a trade association for members of the industry, instead of evolving into an institution primarily dedicated to charity.
The Company's motto is: Omnia Subiecisti Sub Pedibus, Oves Et Boves, from the Book of Psalms and Latin for: Thou Hast Put All Things Under Man's Feet, All Sheep and Oxen.
Following the Queen Mother's death in March 2002, her granddaughter, the Princess Royal was admitted to the Honorary Freedom of the Company (February 2003).
Like the Queen Mother, the Princess Royal takes a keen interest in Company affairs, serving as its Master (2011–12).
Arms: Azure two Poleaxes in saltire Or blades inwards between two Bulls' Heads couped in fesse Argent on a Chief of the last a Boar's Head couped Gules tusked of the second langued of the first between two bunches of Knee-Holly Vert banded Gold Crest: (Upon a Helm on a Wreath of the Colours) A Bull Statant Or with wings addorsed lined Argent the head forequarters hoofs and tuft of the tail of the first the hindquarters of the second armed Gules about the Head a Nimbus Gold Mantling: Gules doubled Argent Supporters: On either side a Bull with wings addorsed the head forequarters wings hoofs and tuft of the tail Or the hindquarters Argent armed Gules about the head a Nimbus of the first The Butchers' connections with the local area remain strong, many Liverymen working at Smithfield Market.