A member of the Jaguar Land Rover (JLR) supply chain in Sky News told Sky News that the government should act to protect the sector because it had not seen any financial relief to date. Mike Beese, who owns Genex UK, based in Walsall, spoke as an Industry Organism complained that the support revealed by … Read more
The government will take out a loan guarantee of 1.5 billion pounds Sterling in Jaguar Land Rover (JLR) after a mass cyber attack forced a closure. JLR suspended production in its British factories after attack August 31. The judgment should last until October 1, leaving the largest suppliers of the British automaker in the limbo. … Read more
Small companies that depend on the British automaker altered by Jaguar Land Rover production, “perhaps at best a week of cash to support” with “urgent” action necessary to support companies. Liam Byrne, the head of the business and trade committee influence deputies, wrote to the Chancellor with the warning after meeting the suppliers of the … Read more