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UK government underwriting £1.5B loan to Jaguar Land Rover after cyber-attack
Britain’s largest automotive employer plans to restart engine manufacturing in early October, report says
JLR declined to comment on the report but a spokesperson told the Guardian: “Our teams continue to work around the clock alongside cybersecurity specialists, the NCSC and law enforcement to ensure we restart in a safe and secure manner. Commenting on the loan, the chancellor, Rachel Reeves, said: “Jaguar Land Rover is an iconic British company which employs tens of thousands of people – a jewel in the crown of our economy. Sarah Olney, the Liberal Democrat business spokesperson, said: “The government and JLR must urgently clarify whether this emergency loan is going to be enough to properly protect tens of thousands of jobs and companies in the supply chain.
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