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Cash-strapped universities are set to usher in students who miss their grades on A-level results day next week, the boss of Ucas has said.

Jo Saxton said a ‘record number’ of students are likely to get their first choice place, even including those that ‘near-missed’ their grades.

It is thought universities are desperate to fill places this year to boost their coffers amid a financial crisis in the sector.

Other admissions experts said it will be a ‘buyers’ market’ as universities ‘compete’ to hoover up students.