OXFORD has been ranked the second best town or city in the UK for university graduates.

Research released by Debut places Oxford behind university rival Cambridge.

See also: Latest court results for Oxfordshire

Factors including median salary, monthly cost of living, employment rate, the percentage of people aged 18-25, and the number of pubs, bars and restaurants were analysed.

Graduates living in Oxford have a median salary of £31,000, while there is an employment rate of 80 per cent. The monthly cost of living is at £702.