Government to guarantee £1.5bn Jaguar Land Rover loan after cyber shutdown
Source: BBC
The government will underwrite a £1.5bn loan guarantee to Jaguar Land Rover (JLR) in a bid to support its suppliers as a cyber attack continues to halt production at the car maker. Business Secretary Peter Kyle said the loan, from a commercial bank, would protect jobs in the West Midlands, Merseyside and across the UK.The manufacturer has been forced to suspend production for weeks after being targeted by hackers…
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