Malt extract vs. Barley syrup?

[cidertimebaby]

I noticed my Muntons Canadian style ale kit says "contains no barley syrup" in the fine print on the label. Is there a difference between that and malt extract or the refining process that makes barley syrup just a cheaper alternative to malt extract for brewing?

 

[McGarnigle]

Their website says "Once again the Muntons Premium range is made entirely from 100% hopped malt extract with no inferior or cheap adjuncts such as barley syrup."

I suspect this refers to unmalted barley syrup, which can be used to cut malted barley extract (corn syrup does the same thing). This isn't for homebrewing but for cooking, I think.