Elite research institutions in the golden triangle of London, Oxford and Cambridge look set to lose significant shares of funding in some subject areas, according to an analysis of REF 2021 unit of assessment results.
In 23 out of 34 disciplinary areas, golden triangle institutions that submitted to the exercise lost market share, with the drop being worth more than 5 percentage points in four areas.
Market share was calculated in Times Higher Education’s data analysis using a similar method to England’s current formula for quality-related funding, which takes account only of research rated 4* and 3* and gives the former a quadruple weighting.
