Today Leeds is ranked as a gamma world city by the Globalization and World Cities Research Network; and is considered the cultural, financial and commercial heart of the West Yorkshire Urban Area. Leeds is served by three universities, and has one of the largest student populations in the country with over 250,000 students. and has the country's fourth largest urban economy. After London, Leeds is the largest legal centre in the UK, and in 2011 its financial and insurance services industry was worth £2.1 billion, the 5th largest in the UK, with over 30 national and international banks located in the city. It is the leading UK city for telephone delivered banking and related financial services, with over 30 call centres employing around 20,000 people.
Public transport, rail and road communications networks in the region are focused on Leeds and there are a number of twinning arrangements with towns and cities in other countries. Its assigned role in the Leeds City Region partnership recognises the city's importance to regional economic development, and the second
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