UK Government Backs £1.5bn Loan Guarantee to Support JLR After Cyber-Attack Shutdown
The UK government has announced a £1.5 billion loan guarantee for Jaguar Land Rover (JLR) as the carmaker grapples with a cyber-attack that has brought its UK production to a standstill. Business Secretary Peter Kyle confirmed that the support package, facilitated through the Export Development Guarantee (EDG) scheme, is aimed at safeguarding thousands of jobs…