I think this is a problem across the board in UK univeristies these days. When I did my CS degree (1993), I was one of two people in the year who got 1st class, now I think it's something like 25% awarded 1sts and the rest get 2:1s
When I went to university graduating in 2007, so just before the crash but not really very long ago, everyone was pretty chilled out about their courses. Nobody did internships. As long as people weren't failing they were relaxed and enjoyed themselves. Getting a 2:2 was a bit of banter rather than a serious threat to your ability to ever get a good job.
Now when I see students they are laser focused on absolutely doing the best they can in order to survive in a much more competitive world. I'd be working harder now as well.
That's what you put on job application forms. We don't use a GPA.
A 1st is good. A 2:1 is fine. A 2:2 is a problem. A 3rd is a failure.
Some people use cockney rhyming slang - a 2:2 is a 'Desmond' (Desmond Tutu, two-two).
In some cases you can get a double 1st, or triple 1st, but these are very specific to your university and are about what courses you took.
Perhaps these things go in cycles. When I was in university in the late 90s, almost everyone tried to get some sort of internship over the summer, and some were very competitive.
The telecoms were booming back then and I was turned down by one of the big companies (Nortel) before landing a co-op at a smaller network equipment maker.
I was definitely influenced by the on campus CS culture (big "top 5" state school), which encouraged summer internships. However, I could also see how people who entered college after seeing and experiencing the economic pain of 2008 would have a more focused approach to how they spent their time in university.
No, a full third of GCSE exams are fails.