UK Government Provides £1.5bn Lifeline to JLR Suppliers

The UK government has stepped in to underwrite a £1.5 billion loan guarantee for Jaguar Land Rover (JLR). The financial support is aimed at safeguarding the automotive supply chain and protecting jobs after a crippling cyber-attack forced a major shutdown in JLR's production. 

This measure is crucial for the many smaller suppliers who faced a "cash crunch" due to the disruption. JLR is now reporting a controlled, phased restart as sections of its digital estate come back online.