Tag: JLR
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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…