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The UK government is providing a £1.5 billion loan guarantee to support Jaguar Land Rover (JLR) and its suppliers following a significant cyber attack that has halted production for weeks. The loan, facilitated through the Export Development Guarantee, aims to protect jobs in key manufacturing regions and provide financial certainty to hundreds of small businesses in JLR's extensive supply chain. The manufacturer, owned by Tata Motors, has been unable to build cars or place orders since late August, with the shutdown costing it an estimated £50 million weekly. The support is expected to help JLR repay suppliers and resume operations securely.

Prepared by Christopher Adams and reviewed by editorial team.