Here's your chance to decorate your living room in the style of an Oxford University college common room, without the hassle of turfing a future Tory frontbencher off the chesterfield first. The university has licensed its name to a Hong Kong-based company which has just launched the Oxford Collection, a range of furniture and accessories. How about a purple leather "senior common room" sofa (£2,700) with a matching footstool? A brown leather "tutor's chair" has the university crest printed on the back (£780) and the Radcliffe desk (£1,700) is clad in red leather – which must feel like working on a cow.