Place with newspapers found on university hike (6)
I believe the answer is:
uplift
'hike' is the definition.
(thesaurus)
'place with newspapers found on university' is the wordplay.
'place' becomes 'pl' (abbreviation used in postal addresses).
'with' says to put letters next to each other.
'newspapers' becomes 'ift' (the i and the Financial Times are newspapers).
'found on' says to put letters next to each other.
'university' becomes 'U' (abbreviation for university).
'pl'+'ift' is 'plift'.
'plift' put after 'u' is 'UPLIFT'.
(Other definitions for uplift that I've seen before include "Increase; moral elevation" , "Elevation (of the spirit)" , "Elevate, elate" , "Act of raising" , "Boost" .)