Ranked: All 24 Russell Group universities by interest and finance costs – Oxford pays £36.8m

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Ranked from highest to lowest, here’s how much every Russell Group university spent on interest and finance costs in 2024-25, according to HESA. Since Nottingham was not included in the HESA data, it has been pulled directly from its financial report.

1. University of Oxford – £36.8m
2. University of Manchester – £22.9m
3. University of Bristol – £21.8m
4. Imperial College London – £17.9m
5. King’s College London – £14.9m
6. University of Sheffield – £14.7m
7. University of Edinburgh – £14.0m
8. Cardiff University – £12.8m
9. London School of Economics (LSE) – £12.6m
10. University College London (UCL) – £12.4m
11. University of Southampton – £11.9m
12. University of Liverpool – £11.4m
13. University of Leeds – £10.2m
14. Durham University – £10.2m
15. University of Birmingham – £8.5m
16. University of Glasgow – £7.7m
17. Queen Mary University of London – £7.4m
18. University of Warwick – £6.7m
19. University of Cambridge – £6.4m
20. University of Exeter – £5.8m
21. University of York – £5.5m
22. Newcastle University – £5.3m
23. University of Nottingham – £2.5m
24. Queen’s University Belfast – £2.1m

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