In terms of land area, London is the third largest city on Earth, and has a population of 14 million.
And now it has topped a new table.
Despite the economic downturn, it has topped a global survey of cities.
In recent years, London has taken over New York as the world's financial powerhouse and, despite Europhiles declaring that the introduction of the Euro will see Frankfurt and Paris overtaking London, the opposite has happened, with London pulling even further ahead of those two cities.
It also has the largest economy of any city in Europe. At $US669 billion, only four cities in the world - Tokyo, New York, Los Angeles and Chicago - have a larger economy and, indeed, its economy is larger than many national economies (Sweden's economy is $342 billion and New Zealand's is $116 billion).
London has over 480 overseas banks, more than any other city in the world. London handled 31% of global currency transactions in 2005 an average daily turnover of US$753 billion with more US dollars traded in London than New York, and more euros traded than in every other city in Europe COMBINED. 100 of Europe's 500 largest companies are headquartered in central London.
Tourists love the city. A study carried out by Euromonitor in October 2007 places London at first place out of 150 of the world's most popular cities, attracting 15.6 million international tourists in 2006. This puts London far ahead of 2nd place Bangkok (10.35 million) and 3rd place Paris (just 9.7 million). London attracts 27 million overnight-stay visitors every year.
London has more billionaires than any city on the planet except New York.
And the downturn has not affected those foreigners who want to live and work in London. 55 per cent of them plan to "increase their exposure to residential property" over the next two years.
Leafy streets, period architecture, gracious parks (for a city of its huge size, it has tremendous amounts of green space such as Richmond Park, which is three times as large as New York's Central Park, and is famous for its 650 wild deer), vibrant theatreland and good schools all work in London's favour.
All this comes at a time when the IMF has praised Britain over its aggressiveness in tackling the recession.