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Jaguar Land Rover

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business3 months ago

UK government guarantees £1.5bn loan to Jaguar Land Rover amid cyber-attack and supplier crisis

The UK government will guarantee a £1.5bn loan to Jaguar Land Rover to support its suppliers and protect jobs amid a cyber attack that has halted production since August, costing the company at least £50m weekly. The move aims to stabilize the supply chain and safeguard employment across the UK automotive sector.