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 of London
The "Times Higher Education Supplement" announced in February 2007 that the London School of Economics, University College London and King's College London all planned to start awarding their own degrees, rather than degrees from the federal University of London as they had done previously, from the start of the academic year starting in Autumn 2007. Although this plan to award their own degrees did not amount to a decision to leave the University of London, the "THES" suggested that this "rais[ed] new doubts about the future of the federal University of London".