There was an article in the Times last month with analysis by UCAS (British 18-year-olds applying for undergraduate courses hits record high) I don't have a share token but it begins:
"The number of British 18-year-olds applying for undergraduate study has reached a record high, with more than nine in ten applicants receiving at least one offer.
The latest UCAS figures...show that 328,390 British 18-year-olds had applied for courses by June 30, up 2.2% compared with the same time last year.
...International demand for UK higher education remains strong, with a 2.2% rise in the number of overseas applicants. Applicants from China reached a record level, increasing by 10% on last year's figures. There is also significant increases in applicants from Ireland, Nigeria and the US, which saw a 14% rise.
But the data...shows that the application rate - the proportion of the 18-year-old population in the UK who applied - has fallen to 41.2% from 41.9% in 2024."
I've just looked at clearing and in my son's subject are UCL, Durham, Edinburgh, Manchester, York, Nottingham, KCL, Sheffield, Birmingham, Leeds, Exeter....the list goes on and on. They have not dropped grade requirements (yet) though.