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UK Government Provides £1.5 Billion Loan Guarantee to Jaguar Land Rover After Cyber Attack
Financial MarketsJaguar Land RoverUpdated 17 hours ago

UK Government Provides £1.5 Billion Loan Guarantee to Jaguar Land Rover After Cyber Attack

The UK government has announced a £1.5 billion loan guarantee for Jaguar Land Rover following a cyber attack that disrupted production. This support aims to stabilize the automotive supply chain and ensure the company's recovery, highlighting the government's commitment to the industry during challenging times. The intervention is expected to safeguard jobs and bolster confidence in the UK's automotive sector.

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More government help might be needed for Jaguar Land Rover, says MP
BBC News17 hours ago
More government help might be needed for Jaguar Land Rover, says MP
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Liam Byrne has raised concerns following the UK government's announcement of a £1.5 billion loan guarantee for Jaguar Land Rover. He suggests that the company may require additional financial support, especially in light of increasing cyber-attack threats. This situation is significant as it highlights the challenges faced by major automotive manufacturers and the potential impact on the UK economy.
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via BBC News
Government to guarantee £1.5bn Jaguar Land Rover loan after cyber shutdown
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The UK government is stepping in to guarantee a £1.5 billion loan for Jaguar Land Rover following a recent cyber shutdown. This move aims to provide stability and assurance to suppliers, ensuring that the automotive giant can continue its operations without disruption. It's a significant intervention that highlights the government's commitment to supporting key industries during challenging times.
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Jaguar Land Rover gets government-backed loan guarantee to help suppliers after cyber attack
Sky Newsa day ago
Jaguar Land Rover gets government-backed loan guarantee to help suppliers after cyber attack
PositiveFinancial Markets
Jaguar Land Rover has secured a significant £1.5 billion loan guarantee from the government to support its suppliers following a disruptive cyber attack that led to a shutdown. This backing is crucial as it not only helps JLR recover but also stabilizes the supply chain, ensuring that suppliers can continue to operate and contribute to the economy. It's a positive step towards resilience in the face of cyber threats.
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via Sky News
UK government will underwrite £1.5bn loan guarantee to Jaguar Land Rover after cyber-attack
The Guardiana day ago
UK government will underwrite £1.5bn loan guarantee to Jaguar Land Rover after cyber-attack
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The UK government is stepping in to support Jaguar Land Rover with a £1.5 billion loan guarantee following a cyber-attack that forced the company to halt production at its factories. This move is crucial as JLR aims to resume engine manufacturing in early October, ensuring the stability of Britain's largest automotive employer and safeguarding jobs. The government's backing highlights its commitment to the automotive sector during challenging times.
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via The Guardian
Britain pledges $2 billion loan guarantee for Jaguar Land Rover
Investing.coma day ago
Britain pledges $2 billion loan guarantee for Jaguar Land Rover
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Britain has announced a significant $2 billion loan guarantee for Jaguar Land Rover, a move that underscores the government's commitment to supporting the automotive industry amid challenging economic conditions. This financial backing is expected to bolster the company's operations and innovation efforts, ensuring job security and promoting growth in the sector. Such support not only aids Jaguar Land Rover but also reflects a broader strategy to strengthen the UK's manufacturing capabilities.
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via Investing.com
Jaguar Land Rover wins £1.5bn UK loan support after cyber attack
Financial Timesa day ago
Jaguar Land Rover wins £1.5bn UK loan support after cyber attack
PositiveFinancial Markets
Jaguar Land Rover has secured a significant £1.5 billion loan guarantee from UK Export Finance following a recent cyber attack. This financial support is crucial as it aims to protect the automotive supply chain, ensuring stability and resilience in the industry. The government's backing not only helps Jaguar Land Rover recover from the attack but also reinforces confidence in the UK's automotive sector, highlighting the importance of safeguarding critical industries.
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via Financial Times

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