Group 1 - The UK government will provide a £1.5 billion ($2 billion) loan guarantee to support Jaguar Land Rover's supply chain following a cyberattack that led to a production shutdown lasting nearly a month [1][2] - Jaguar Land Rover, owned by Tata Motors, operates three factories producing approximately 1,000 cars per day, which are crucial for local employment in Birmingham and Liverpool [2] - The loan will be privately financed and guaranteed by UK Export Finance, expected to unlock an additional £1.5 billion of support for the carmaker's supply chain [3] Group 2 - The cyberattack is described as an assault on both a prominent British brand and the UK's automotive sector [2] - The business minister emphasized that the loan guarantee aims to protect skilled jobs and support the supply chain [2]

Jaguar Land Rover (JLR) has been rescued with a £1.5bn government-backed loan after it stopped manufacturing following a cyber attack. The cash injection will allow JLR to support its supply chain after firms warned of mass layoffs and collapse following the halt to production. Rachel Reeves, the Chancellor, said: “Jaguar Land Rover is an iconic British company which employs tens of thousands of people – a jewel in the crown of our economy. “Today we are protecting thousands of those jobs with up to £1. ...