British universities have slipped down the world rankings as they compete ever harder with eminent institutions overseas.

Cambridge and Oxford have lost ground to Harvard and Yale, while fewer British universities are in the top 200 list, published today, than last year.

At a time when it is essential for British institutions to attract lucrative international students who pay higher fees, they are being outdone increasingly by American universities that receive huge endowments.

Harvard tops the Times Higher Education-QS World University Rankings for the fifth consecutive year. Its endowment fund is greater than the total annual public funding for all universities in England.

Yale holds the second spot after being joint second with Cambridge and Oxford last year. The two British institutions came third and fourth respectively this year.

For the full article please visit The Times Online