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1.5bn

UK backs Jaguar Land Rover with £1.5bn loan guarantee

Britain steps in to shore up Jaguar Land Rover — but the fix poses bigger questions After nearly a month of halted production following a crippling cyberattack, Britain is turning to a familiar — if politically sensitive — tool: a government-backed guarantee to unlock private lending for Jaguar Land Rover’s supply chain. The move, announced by the business ministry, aims to steady suppliers and protect jobs in the wake of an industrial shock that has rippled through communities from the West Midlands to Merseyside. What…

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