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.
Israeli airstrikes and gunfire have killed at least 59 Palestinians across Gaza, including families in the Nuseirat refugee camp and displaced individ...
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 halt...
Russian Foreign Minister Sergei Lavrov told the U.N. on Saturday that any aggression against Russia would be met with a “decisive response,” as re...
United Nations sanctions are set to be reimposed on Iran later Saturday under the “snapback” mechanism, a move Tehran says will be met with harsh ...
U.S. President Donald Trump announced Saturday he is deploying troops to Portland, Oregon, authorizing them to use “full force, if necessary,” to ...
Israeli airstrikes and gunfire have killed at least 59 Palestinians across Gaza, including families in the Nuseirat refugee camp and displaced individuals in tents, as reported by Gaza hospitals.
Russian Foreign Minister Sergei Lavrov told the U.N. on Saturday that any aggression against Russia would be met with a “decisive response,” as recent airspace incidents involving NATO and EU states elevate tensions along the alliance’s eastern flank.
United Nations sanctions are set to be reimposed on Iran later Saturday under the “snapback” mechanism, a move Tehran says will be met with harsh retaliation. The step comes amid accusations Iran violated the 2015 nuclear deal, and echoes a deteriorating diplomatic standoff.
U.S. President Donald Trump announced Saturday he is deploying troops to Portland, Oregon, authorizing them to use “full force, if necessary,” to protect federal immigration facilities against what he called “domestic terrorists.”
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Kim Jong Un has called for constant strengthening of North Korea’s “nuclear shield and sword,” framing it as the foundation of sovereignty, security, and development.
At the Labour Party’s annual conference in Liverpool, Housing Secretary Steve Reed is set to announce a plan to build 12 new towns across England.
In September 2025, a group of polar bears was seen inhabiting an abandoned Soviet polar research station on Kolyuchin Island in the Chukchi Sea. The station, deserted for over 30 years, now offers shelter from Arctic weather for the bears.
Israeli airstrikes and gunfire have killed at least 59 Palestinians across Gaza, including families in the Nuseirat refugee camp and displaced individuals in tents, as reported by Gaza hospitals.
Russian Foreign Minister Sergei Lavrov told the U.N. on Saturday that any aggression against Russia would be met with a “decisive response,” as recent airspace incidents involving NATO and EU states elevate tensions along the alliance’s eastern flank.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment