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More than 8,300 participants from 100 countries have gathered in Uzbekistan's capital for the fifth Tashkent International Investment Forum (TIIF-2026...
Britain will back Jaguar Land Rover with a £1.5 billion loan guarantee to shore up its supply chain after the luxury carmaker’s production was halted by a cyberattack. The guarantee, underpinned by UK Export Finance, aims to prevent supplier collapse.
Jaguar Land Rover’s production shutdown has now stretched nearly a month. The disruption stems from a severe cyber-attack that crippled its IT systems, halting operations across its factories and putting its suppliers under existential pressure.
Some smaller suppliers have warned they have as little as a week’s cash left before insolvency. In the regions around Birmingham and Liverpool, where JLR’s factories are key employers, firms are cutting hours and making redundancies.
Business Minister Peter Kyle framed the attack as “not only an assault on an iconic British brand, but on our world-leading automotive sector,” adding that the guarantee is intended to “support the supply chain and protect skilled jobs.”
The loan guarantee will be privately financed and guaranteed by UK Export Finance. It is designed to unlock £1.5 billion in support for parts makers, logistics firms and other suppliers tied to JLR.
JLR is owned by India’s Tata Motors, and the company’s three UK factories together produce about 1,000 cars daily in normal times. The knock-on effect of the shutdown is significant in terms of jobs, exports, and industrial confidence.
The cyberattack itself began on 31 August, and by early September JLR had shut down many parts of its IT infrastructure. Though some systems have now been restored (allowing supplier payments and parts distribution), full production remains paused.
Government support is not limited to this guarantee; ministers have been exploring additional measures, including expedited payments to suppliers, tax deferrals, or direct purchase of components to keep cash flowing.
The scale of the guarantee signals how serious the government considers the risk not just to JLR, but to the UK’s broader industrial base, this is more than a carmaker rescue, it’s a test of supply chain resilience in an era of mounting cyber threats.
Details of a reported draft memorandum of understanding between the United States and Iran offer the clearest picture yet of how both sides plan to end months of conflict and move towards a longer-term settlement.
The U.S. and Iran say they have reached a deal to end their conflict, with an immediate ceasefire and reopening of the Strait of Hormuz after the lifting of the U.S. naval blockade. Talks will continue over the next 60 days to finalise the agreement
A senior U.S. official said on Monday that the memorandum of understanding linked to the U.S.-Iran agreement had been signed by President Donald Trump, Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Qalibaf.
Israeli Prime Minister Benjamin Netanyahu has told U.S. President Donald Trump that Israel does not consider itself bound by a Lebanon-related provision in an emerging agreement with Iran, according to Israeli officials.
A strong 6.7-magnitude earthquake struck Indonesia's Sulawesi island early Tuesday, killing at least one person and injuring four, according to emergency authorities.
Seven people have been arrested in Italy over suspected sabotage attacks on high-speed railway lines during the Winter Olympics earlier this year.
Pakistan's heavy reliance on imported energy was laid bare by the U.S.-Iran conflict, which disrupted regional supplies, drove up costs and exposed vulnerabilities in the country's energy security. However, a proposed peace agreement now offers hope for economic relief.
The UK has unveiled a major new package of sanctions against Russia, targeting the shadow fleet, military supply chains and financial networks that support the Kremlin's war in Ukraine.
Russian sailors aboard a naval frigate fired warning shots at a civilian yacht in the English Channel on Tuesday after the vessel reportedly came too close, according to a source familiar with the incident.
Leaders of the Group of Seven (G7) have called for a strong and coordinated international response to the Ebola outbreak in the Democratic Republic of the Congo, urging countries to commit more resources to contain the spread of the virus.
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