From wikipedia
Universities in the United Kingdom
The University of Buckingham is currently the only fully-fledged private university in the United Kingdom.[14] In July 2010 it was announced that London-based BPP would be granted permission to become a university college.[15] BPP University College is now the UK's only private university college.[15]
Other private degree awarding bodies in the UK include: Ashridge Business School, ifs School of Finance, The College of Law and Regent's College, all of which are privately funded charitable bodies. In addition the private Richmond University has its degrees validated by the public Open University.
All other British universities are public.[citation needed][16] They have considerable institutional autonomy, but are currently funded mainly by government teaching and research grants[citation needed] and the government regulates their tuition fees, student funding and student loans and commissions and regulates research assessments and teaching reviews. However, unlike in Continental European countries, the British government does not own universities' assets, and university staff are not civil servants. Government regulation arises as a condition of accepting funding from bodies such as HEFCE and any university can in principle choose to leave the HEFCE regulated system at any time.[17]
From September 2012 government funding for teaching and background funding for research will be substantially reduced, with one study indicating that annual Government funding for teaching and research will make up just 15% of universities income by 2015.[18]
In the UK, an institution can only use the title "University" or "University College" if it has been granted by the Privy Council, under the terms of the Further and Higher Education Act 1992.[19] Prior to 1992, these titles were conferred by Royal Charter.