A-level results day will be a much less joyous affair if Gove gets his way

The Education Secretary's plan to abolish AS-levels will stifle the ambitions of students from the poorest backgrounds.

All over the country today, nerve-filled teenagers have been receiving their A-level exam results, pressing a button or opening an envelope to reveal a pathway to their future. A few letters on a piece of paper will either have caused abundant joy, nonchalant satisfaction, or gut-wrenching despair, in most cases, one hopes, the first two. Young people do not need their dreams dampened at the age of 17 or 18. As Owen Jones reminded us this morning, our austerity society has plenty of that in store for them. Instead, we need them to believe they can fulfil greatness.

How else will we confront the challenge of economic stagnation? If we dampen the hopes of young people so early then we dampen their enthusiasm to innovate, to attack the deficiencies of the status-quo and to ultimately improve our society. We need bright, pioneering individuals who are able to reform an economy with grave structural problems.

And yet this could be one of the last year groups where joy will be the overriding emotion across the nation. Indeed, I am sure that Michael Gove will not privately toast all those who have seen their ambitions fulfilled but will lift his glass with pride at the fact that the number of A* and A grades fell for the second year in a row.

From 2015, the Education Secretary intends to implement his master plan, a plan which will see these top grades drop even further. A-levels and AS-levels will be separated, meaning that A-level exams will be sat at the end of two years, with limited resits, establishing an unforgiving system more akin to Gove’s childhood experiences. As was aptly pointed out by shadow education secretary Stephen Twigg earlier this week, without the boost of AS-levels, students from the poorest backgrounds could be restricted from applying to elite universities. Furthermore, for a generation who have grown up seeing brothers, sisters and friends attain the highest grades, Gove’s barriers will simply act as obstructions to ambition. When pupils realise that they need to put in far more work than their elder peers to achieve high grades, their desire to put in the hard yards risks being constrained. Ultimately, this acts in the interests of more privileged pupils, who often have greater support systems both at school and at home to assist their efforts.

It is undeniable that our education system must reward pupils fairly, striking a balance between allowing pupils to achieve the highest grades and not flooding the system with AAA students. But the overriding story of Gove’s reforms will not be academic rigour and creating an aspiration nation. It will be of pupils stifled by an unrewarding education system, one which will discourage their ambition and dampen their dreams.

So, A-level leavers, as you sit down tonight, before partying the night away with the help of Jagermeister or some other putrid, liver-destroying drink, feel a tinge of sympathy for future generations and how they will not be quite as lucky as you.

Sam Bright is editor of the political website Backbench

Education Secretary Michael Gove leaves 10 Downing Street on November 21, 2012. Photograph: Getty Images.

Sam Bright is editor of the political website Backbench

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FTSE 100 plunges after Theresa May signals hard Brexit ahead

The Prime Minister is to lay out her Brexit plan later today. 

The FTSE 100 and the FTSE 250 plummeted this morning after the Prime Minister signalled Brexit will mean leaving the single market.

Theresa May is expected to rule out "partial membership" or any other kind of "half-in, half-out" deal with the EU in a speech later today.

The FTSE 100, the index of the UK's 100 biggest companies, and the FTSE 250 both fell more than 0.3 per cent immediately after opening. 

The worst performers included the housebuilder Barratt Developments, consumer goods tester Intertek and the mining company BHP.

Stock markets have been buoyant since Brexit, in part because many of Britain's biggest companies are international and benefit from a devalued pound. 

However, while markets fell, the pound crept up against the dollar, to $1.21. 

Critics of the Prime Minister say she is sacrificing the economy to prioritise immigration controls.

TUC general secretary Frances O'Grady warned: "If we leave the single market, working people will end up paying the price. It'd be bad for jobs, for work rights & for our living standards."

According to the Office for National Statistics, inflation rose from 1.2 per cent in November to 1.6 per cent in December. 

Julia Rampen is the editor of The Staggers, The New Statesman's online rolling politics blog. She was previously deputy editor at Mirror Money Online and has worked as a financial journalist for several trade magazines.