Sun, 06 Sep 2026
Speaking to the BBC, Business Secretary Jonathan Reynolds ruled out a bailout for the company.
* Business Secretary Jonathan Reynolds will meet with JLR bosses and union leaders next week to discuss job cuts
* JLR has announced a voluntary redundancy programme, with reports suggesting up to 4,000 jobs may be lost
* The company is blaming tariffs and sales drop for the expected job losses, but union leader Sharon Graham says it's due to a "perfect storm" in the automotive industry
* Reynolds rules out a bailout for JLR, but opens the door to a "long-term investment" in the company's future
* Chancellor John Healey will deliver a speech on Monday promising to boost economic growth by changing how the government values infrastructure investment
* The Liberal Democrats are calling for Healey to offer support for JLR staff at risk of job losses
* JLR is based in Coventry and employs around 30,000 people in the UK, with approximately 10,000 employed overseas.
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