PHOTOS: World's Best Universities Revealed

British universities have fought off prestigious US rivals to take the top two spots in the world for the first time, according to Times Higher Education (THE).

The University of Oxford came in at number one for the second year in a row while Cambridge jumped three places to take number two.

Last year, Oxford became the first university outside the US to top the Times Higher Education World University Rankings since they began in 2003.

Cambridge rose past CalTech and Stanford University to secure second place.