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Barclays plans early car finance payouts as compensation scheme faces legal challenge
Original report: date unavailable
Some car finance customers could receive compensation before legal challenges to the regulator’s scheme are resolved. Barclays plans early settlement offers, backed by the FCA provided they are fair, but accepting would prevent customers from seeking a larger payout later.
Business
AI-focused graduate jobs raise questions over learning the trade
Original report: date unavailable
Some UK employers are giving graduates dedicated roles managing AI agents and automating work, with responsibilities beyond traditional entry-level tasks. But executives and graduates also highlight a tension: building AI expertise while gaining the professional knowledge needed for longer careers.
Business
Canva restructuring affects 22% of workforce as growth slows
Original report: date unavailable
Canva says 1,271 employees face job losses, relocation or role changes as the Australian design platform restructures. The announcement follows slowing growth and reported valuation cuts amid concerns about artificial intelligence and the expense of adding it to products.
Business
Kellogg’s acknowledges quieter Rice Krispies after UK recipe backlash
Original report: date unavailable
Kellogg’s says its reformulated Rice Krispies may make a quieter, slower sound when milk is added. The UK recipe changes, which also affect Coco Pops, have drawn online complaints about taste and texture, while bringing a new wheat gluten warning.
Business
UK and EU draft food trade deal would remove post-Brexit checks
Original report: date unavailable
The UK and EU have agreed a draft food and agriculture trade accord, according to the BBC. It would remove export paperwork and restore some trade, while requiring Britain to follow evolving EU standards. The agreement remains under consideration.
Business
Poundland supplier warns of multimillion-pound losses if retailer collapses
Original report: date unavailable
Bradford-based Highcrest Retail Brands says a Poundland collapse would cost it millions in sales, while smaller suppliers could face closure. Owner Gordon Brothers says the retailer faces substantial economic pressures, as ministers seek clarity over its future.