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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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San Francisco, officially the City and County of San Francisco, is the cultural, commercial, and financial center of Northern California. San Francisco is the 16th most populous city in the United States, and the fourth most populous in California, with 881,549 residents as of 2019. It covers an area of about 46.89 square miles (121.4 km2), mostly at the north end of the San Francisco Peninsula in the San Francisco Bay Area, making it the second most densely populated large U.S. city, and the fifth most densely populated U.S. county, behind only four of the five New York City boroughs. San Francisco is the 12th-largest metropolitan statistical area in the United States by population, with 4.7 million people, and the fourth-largest by economic output, with GDP of $549 billion in 2018. With San Jose, it forms the fifth most populous combined statistical area in the United States, the San Jose–San Francisco–Oakland, CA Combined Statistical Area (9.67 million residents in 2018). Colloquial nicknames for San Francisco include The City, SF, Frisco and San Fran.As of 2020, San Francisco has the highest salaries, disposable income, and median home prices in the world at $1.7 million, as well as the highest median rents. In 2018, San Francisco was the seventh-highest-income county in the United States, with a per capita personal income of $130,696. In the same year, San Francisco proper had a GDP of $183.2 billion, and a GDP per capita of $207,371. The CSA San Francisco shares with San Jose and Oakland was the country's third-largest urban economy as of 2018, with a GDP of $1.03 trillion. Of the 500+ primary statistical areas in the U.S., this CSA had among the highest GDP per capita in 2018, at $106,757. San Francisco was ranked 8th in the world and 2nd in the United States on the Global Financial Centres Index as of March 2020. As of 2016, the San Francisco metropolitan area had the highest GDP per capita, labor productivity, and household income levels in the OECD. As of 2019, it is the highest rated American city on world liveability rankings.San Francisco was founded on June 29, 1776, when colonists from Spain established the Presidio of San Francisco at the Golden Gate and Mission San Francisco de Asís a few miles away, both named for Francis of Assisi.