A University of Oxford campaign to raise funds for teaching and research has raised £2bn, it has been announced.
The institution began raising money towards new scholarships, academic posts, programmes, buildings and facilities in August 2004.
The sum stands at £2,012,571,521 but the university has now set itself a new target of £3bn.
Vice-chancellor Professor Andrew Hamilton called the milestone “an outstanding achievement”.
The campaign has been touted as the biggest money-raising project in European university history.