London is the capital of the United Kingdom of Great Britain and Northern Ireland and the world's financial center, accounting for more than 40% of the world's foreign exchange transactions, and is also known as "Newland Port" with new york and Hongkong. London is the political, economic, cultural and financial center of Britain and the city with the most museums, libraries and gymnasiums in the world. The headquarters of Fortune 500 companies 19, and seven universities of Fortune 100 companies are located in London. University College London ranks 8th in the world, 9th in Imperial College London, 27th in London School of Economics and Political Science, and 33rd in King's College London. London is a leading world-class city. It is one of the richest, most developed, most prosperous and highest living standards cities in the world. It affects the whole world in politics, economy, culture, education, science and technology, finance, commerce, sports, media and fashion, and is a model of globalization.
London is the largest financial center in the world, controlling 45% of the world's foreign exchange transactions and the pricing power of commodities such as gold, silver and crude oil. It is also the largest banking, insurance, futures and shipping center in the world. The daily average foreign exchange transaction volume in London is as high as 2.7 trillion US dollars, ranking first in the world, and the total wealth of residents ranks second in the world. London is one of the four world-class cities, and the other three are new york, Tokyo and Paris. 180 1 At the beginning of the 20th century, London, as the capital of the British Empire, became the largest city in the world because of its outstanding achievements in the fields of politics, economy, humanities and culture, and scientific and technological inventions.
London is a very diverse metropolis, with residents from all over the world and diverse races, religions and cultures. There are more than 300 languages in this city. At the same time, London is also a world-famous tourist destination with a large number of scenic spots and museums.