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UK Government Guarantees £1.5 Billion Loan for Jaguar Land Rover After Cyber Attack
World NewsJaguar Land RoverUpdated 17 hours ago

UK Government Guarantees £1.5 Billion Loan for 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 company and its supply chain, ensuring continued operations and safeguarding jobs. The intervention reflects the government's commitment to assist key industries during challenging times, highlighting the importance of resilience against cyber threats.

Related Articles
Jaguar Land Rover may need more than £1.5bn government loan guarantee, MP says
BBC News17 hours ago
Jaguar Land Rover may need more than £1.5bn government loan guarantee, MP says
NeutralWorld Affairs
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 JLR loan after cyber shutdown
BBC Newsa day ago
Government to guarantee £1.5bn JLR loan after cyber shutdown
PositiveWorld Affairs
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.
Read full article
via BBC News
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
PositiveWorld Affairs
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.
Read full article
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
PositiveWorld Affairs
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.
Read full article
via The Guardian

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