Fri, 26 Sep 2025

Fri, 26 Sep 2025 JLR suppliers with 'days of cash' left

Some businesses in the JLR supply chain have 'just seven to 10 days of cash left', an MP says.

* Some companies have only 7-10 days of cash left due to JLR's shutdown following cyber attack
* Labour MP Sarah Edwards: "It's imperative suppliers are paid very quickly"
* 10 companies within the supply chain voiced concerns at a meeting with government committee, covering various sectors
* Smaller suppliers particularly affected by lack of payment since August, with one supplier still waiting for payment from JLR since August 29th
* Survey reveals 77% of firms in West Midlands were negatively impacted by cyber attack, with 35% cutting staff hours
* JLR has begun a "phased restart" of operations, but suppliers are calling for clearer timeline and communication
* Government exploring option to buy component parts from suppliers to keep them in business until production resumes
* Conservative Party backs targeted emergency loan scheme for UK firms affected by cyber attack
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