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, Imperial College London in London ranks 9th, London School of Economics and Political Science ranks 27th and King's College London ranks 33rd.
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.