History of the London School of Economics
The history of the London School of Economics dates from 1895, when the School was founded by Fabian Society members Sidney and Beatrice Webb, Graham Wallas, and George Bernard Shaw, with funding provided by private philanthropy, including a bequest of £20,000 from Henry Hunt Hutchinson to the Fabian Society.
University College London
UCL is a founding member of the Russell Group, an association of 24 British research universities established in 1994, and of the G5 lobbying group, which it established in early 2004 with the universities of Cambridge and Oxford, Imperial College London and the London School of Economics. UCL is regarded as forming part of the ‘golden triangle’, an unofficial term for a set of leading universities located in the southern English cities of Cambridge, London and Oxford including the universities of Cambridge and Oxford, Imperial College London, King's College London and the London School of Economics.