The UK is still home to the top two universities in the world, according to the 2018 Times Higher Education World University Rankings.
Oxford University is on top for the third consecutive year, while Cambridge keeps its second best position for the second year in a row.
However, UK is no longer the second most-represented nation in the rankings. Despite the UK having 98 institutions in the full list of 1,258, it loses its spot to Japan which claims 103 positions. The UK does however retain its status as second most-represented in the top 200.
The US’s Stanford University completes the top three, maintaining it position from last year. The US still leads the way as most-represented with 172 institutions in the list.
This year’s ranking see the University of Dundee and Royal Holloway slipping out of the global 200.
China’s new top university, Tsinghua, claims 25th spot, and overtakes the UK’s LSE for, which falls one spot to 26, and the University of Edinburgh which drops from joint 27 to 29.
There are a number of climbers in the UK, with University College London rising two spots to number 14, and the University of Warwick scaling 12 places to joint 79th.
The University of Birmingham jumps 25 positions to joint 116, while the University of Aberdeen leaps 27 positions to 158th.
Phil Baty, editorial director of the global rankings, said: ‘We see some individual stars in the UK this year, but the broader national data story is really one of stagnation and modest decline, with the UK taking a minor hit to its research reputation.
‘We can only speculate at this stage as to any connection with Brexit, the risk, however, to the UK’s reputation and research capabilities from its separation with Europe is very real.
‘The ground-breaking work of UK universities mustn’t be undermined by complacency and politicking.
‘To ensure they continue to thrive on the global stage, positive immigration and investment policies are crucial.
‘They must be free to attract and retain the very best international talent and international students post-Brexit, and they must be protected from cuts, the flow of research funding and academic talent mustn’t be impacted.