Tag: EDG
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UK Government Underwrites £1.5bn JLR Loan to Protect Suppliers After Cyberattack
What the government decision means The UK government has agreed to underwrite a £1.5bn loan guarantee to Jaguar Land Rover (JLR) through the Export Development Guarantee (EDG) scheme. The move is aimed at stabilising the carmaker’s sprawling UK supply chain and protecting thousands of skilled jobs as the company continues to recover from a cyberattack…
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UK backs £1.5bn JLR loan after cyber attack to protect suppliers
What the deal means for Jaguar Land Rover and its suppliers The British government has agreed to underwrite a £1.5 billion loan guarantee for Jaguar Land Rover (JLR) through the Export Development Guarantee (EDG) scheme. The move is designed to stabilise a fragile supply chain as the car maker continues to operate under the shadow…
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UK backs £1.5bn loan guarantee for Jaguar Land Rover to shield suppliers
UK government backs £1.5bn loan guarantee for Jaguar Land Rover The government has announced it will underwrite a £1.5 billion loan guarantee to Jaguar Land Rover (JLR) as part of a strategy to protect jobs and stabilize the company’s sprawling UK supply chain during a prolonged cyberattack. The guarantee will be provided through the Export…