Around 280 million pounds of funds has been issued to the University College of London, for funding their determined expansion proposal of its campus and in Olympic Park at Stanford.
UCL is among the universities in the UK which has maintained its increased place in the universal ranking for teaching excellence and research.
Universities like Oxford, Cambridge and Kings College of London has been placed in the world’s most leading 20 institutions for higher education. Other institutions like London School of Business are in the list of top 40.
As per Universities UK, the umbrella body of the sector, around 10.7 billion pounds of income has been made through higher education in the UK. And out of this around 3.8 billion pounds were from fee expenditures and accommodation by non EU students.
The proposals for latest buildings at UCL and the latest project of London Business School are part of the development in the institutions of the UK, it is also another part measure in providing facilities to lure foreign students and the increased fees they brought along them.
Ambitions of universities has also boosted local development as they have cooperated with the local government and businesses and by development in number of students. Financial boss now has the increased stream of income as the UK government has removed the limit in number of students.
European investment Bank has provided loan of 2.1 billion pounds to around 30 universities all over the UK for building latest research facilities and campuses.