Here are the business stories making the headlines across Scotland and the UK this morning.
Entry-level jobs plunge by a third since launch of ChatGPT
The number of new entry-level jobs has fallen by nearly a third since the launch of the artificial intelligence tool ChatGPT in November 2022.
Vacancies for graduate roles, apprenticeships, internships and junior positions with no degree requirement have fallen by 31.9%, research by jobs search site Adzuna found. Such entry-level posts now account for just a quarter of the overall jobs market, down from 28.9% in 2022.
A growing number of companies have spoken publicly about their plans to use AI to trim their workforces. In May 2023, BT said that it would replace 10,000 jobs with artificial intelligence by the end of the decade. The affected roles would include call handling and network diagnostics.
Click here to read more.
Make healthy food more appealing, government tells supermarkets
Food businesses must make it easier for customers to buy healthy food, under new government plans announced on Sunday.
Supermarkets and food manufacturers in England will partner with the government to tackle obesity rates by encouraging people to make their weekly shop healthier.
Ministers say it will be up to food retailers to decide how they do that, but it could involve offering promotions on healthy food, tweaking loyalty points to incentivise healthy options, or changing shop layouts.
Trump says he has 'a group of very wealthy people' to buy TikTok
President Donald Trump has said he has a buyer for TikTok, the video-sharing app that was banned in the US amid claims it posed a national security risk.
In a Fox News interview, Trump said he had a group of "very wealthy people" willing to acquire the platform. "I'll tell you in about two weeks," he teased.
A sale would need approval from the Chinese government, but Trump told Fox he thought President Xi Jinping "will probably do it".
Click here to read more.
Asda plots to overtake Primark in revival push
Asda is plotting to overtake Primark as Britain’s biggest clothing retailer, as bosses forge ahead with an ambitious turnaround plan.
Allan Leighton, the Asda chairman, is betting that George, the supermarket’s clothing brand, can spearhead a broader revival for the company, with up to 100 stores being transformed to make the offering more prominent.
George has been a rare bright spot for the struggling supermarket, with clothing continuing to post increasing sales despite Asda’s plummeting market share.