Govt ponders JLR aid after cyber attack

THE Government is considering offering financial support to Jaguar Land Rover over fears that many firms in its supply chain could go bust following the recent cyber attack, which will see production delayed until at least October.

- Tom Jervis

Reportedly, ministers are weighing up whether or not to buy components from JLR's suppliers in order to keep them in business until production resumes. Not doing so could result in a complete disassembly of the supply chain, making it even more difficult to restart production.

Last week, the parliamentary Business and Trade Select Committee met with businesses within the JLR supply chain to discuss the situation. Details were then shared with the Government to help inform a decision on what the next steps will be.