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London is the capital and largest city of England and the United Kingdom. The city stands on the River Thames in the south-east of England, at the head of its 50-mile (80 km) estuary leading to the North Sea. London has been a major settlement for two millennia. Londinium was founded by the Romans. The City of London, London's ancient core and financial centre − an area of just 1.12 square miles (2.9 km2) and colloquially known as the Square Mile − retains boundaries that closely follow its medieval limits. The adjacent City of Westminster is an Inner London borough and has for centuries been the location of much of the national government. Thirty one additional boroughs north and south of the river also comprise modern London. London is governed by the mayor of London and the London Assembly.London is one of the world's most important global cities and has been called the world's most powerful, most desirable, most influential, most visited, most expensive, sustainable, most investment-friendly, and most-popular-for-work city. It exerts a considerable impact upon the arts, commerce, education, entertainment, fashion, finance, healthcare, media, professional services, research and development, tourism and transportation. London ranks 26th out of 300 major cities for economic performance. It is one of the largest financial centres and has either the fifth- or sixth-largest metropolitan area GDP. It is the most-visited city as measured by international arrivals and has the busiest city airport system as measured by passenger traffic. It is the leading investment destination, hosting more international retailers than any other city. As of 2020, London has the second-highest number of billionaires of any city in Europe, after Moscow.
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Leeds is the largest city in the county of West Yorkshire in Northern England, approximately 170 miles (270 km) north of central London. Leeds is the cultural, financial and commercial heart of the West Yorkshire Built-up Area (2011 census classification), the UK's fourth-most populous urban area with a reported population of 1.8 million in 2013.The city is served by five universities, has the UK's fourth-largest student population and the country's fourth-largest urban economy.It has one of the most diverse economies of all the UK's main employment centres and has seen the fastest rate of private-sector jobs growth of any UK city. It also has the highest ratio of private to public sector jobs of all the UK's Core Cities, with 77% of its workforce working in the private sector. Leeds has the third-largest jobs total by local authority area, with 480,000 in employment and self-employment at the beginning of 2015. Leeds is ranked as a "High Sufficiency" level city by the Globalization and World Cities Research Network.Leeds was a small manorial borough in the 13th century, becoming a major centre for the production and trading of wool in the 17th and 18th centuries, then a major mill town during the Industrial Revolution; wool was still the dominant industry, but flax, engineering, iron foundries, printing, and other industries were also important. From being a market town in the valley of the River Aire in the 16th century, Leeds expanded and absorbed the surrounding villages to become a populous urban centre by the mid-20th century.
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