Thanks!
No, Ivy League is only an alliance for universities in north eastern United States. In Britain, they have an equivalent called the Russell Group. But more appropriately the Golden Triangle of Britain. The term 'Oxbridge' refers to Oxford and Cambridge Universities, the Top 2 most employable universities according to surveys last year. This is where Oxford English Dictionaries come from, and the 'Oxford' of Oxford Streets, Oxford Shoes, and Oxonians.
Oxford claims 47 Nobel laureates, 25 British prime ministers (the current Australian PM also read at Oxf), 31 British notable justices, 20 American senators and representatives, 3 governors, 2 kings, and 12 saints (and 89 archbishops). President Clinton also graduated from Oxford.
Coincidentally the current Chancellor, Lord Chris Pattern, was the last governor of Hong Kong!