miss out

Shore said any recruits would miss out on the depth of England's nine-team PWR, which is widely considered the premier domestic club competition in women's rugby.

Advocates also say that private equity offers diversification via access to returns from thousands of companies with more than $100 million in revenue before they go public, something investors in only traditional assets can miss out on.

"We appear to be shifting towards a new world order and a new, Eastern centre of gravity for new knowledge creation and innovation, and the UK must act to support its university sector if it is not to miss out."

Should Cummins miss out, he will be replaced by pace bowler Scott Boland in Australia's attack, while Steve Smith would likely skipper the side.

Mr Johnson said he was "pleased for myself" that his case was won, "but not for the hundreds of others" who will miss out.