Sun, 28 Sep 2025

Sun, 28 Sep 2025 More government help might be needed for Jaguar Land Rover, says MP

Liam Byrne spoke after the government announced it was backing a £1.5bn loan to the company, and warned cyber-attacks could become more common.

* A local MP has expressed concern that government assistance may be needed beyond the £1.5bn loan announced for Jaguar Land Rover (JLR) and its suppliers.
* Production at JLR's UK facilities, which employ around 30,000 people directly and 100,000 more in the supply chain, is not expected to resume until October 1st.
* Business Secretary Peter Kyle has guaranteed a loan from a commercial bank to help protect jobs at JLR's UK facilities, but also with the intention of supporting the company's suppliers.
* A local MP has warned that without further government and business effort, cyber-attacks on companies will become more frequent and potentially devastating for the economy.
* Suppliers are expected to receive cash flow support through contractual clauses within the loan agreement, but it is unclear how businesses that supply the suppliers will be assisted.
* Experts have expressed concerns about the long-term effects of the government's decision, including the potential for companies to rely on taxpayer bailouts after cyber-attacks.
* Chambers of commerce are urging the government to provide more detail and speed up the distribution of funds to protect the UK automotive supply chain.
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