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UK Supports £1.5B Loan for Jaguar Land Rover Recovery

9/28/2025

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Summary

UK Supports Jaguar Recovery

UK backs £1.5 billion loan guarantee for Jaguar Land Rover to aid recovery from a cyber attack halting production since August 31.
Backed by Export Development Guarantee, it will be repaid over five years and stabilise a supply chain supporting 120,000 jobs.
Union leaders and local officials welcomed the move but seek job guarantees and more support for affected workers.

Summary

UK Backs Jaguar Recovery

UK government backs Jaguar Land Rover (JLR) with a £1.5 billion loan guarantee to aid recovery after cyberattack halted production.
Business Secretary Peter Kyle says the loan stabilizes JLR's supply chain and protects jobs, especially in West Midlands and Merseyside.
The attack, attributed to Scattered Lapsus$ Hunters, disrupted operations in countries, costing about £50 million weekly and risking 200,000 jobs.

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UK Supports Jaguar Recovery

UK backs £1.5 billion loan guarantee for Jaguar Land Rover to aid recovery from a cyber attack halting production since August 31.
Backed by Export Development Guarantee, it will be repaid over five years and stabilise a supply chain supporting 120,000 jobs.
Union leaders and local officials welcomed the move but seek job guarantees and more support for affected workers.

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