Overview
- Sources say the proposed facility would pay approved invoices immediately for direct JLR suppliers, with expectations that benefits flow down the chain.
- The government’s previously announced £1.5bn guarantee had not been formally signed at the time of reporting, raising questions about how quickly funds will reach smaller firms.
- JLR separately secured a reported £2bn funding line from Standard Chartered, Citigroup and MUFG to strengthen liquidity.
- The company is progressing a controlled, phased restart and has re-established key payment processes and parts logistics.
- Regional chambers warned ministers that many suppliers are running out of cash, as investigators and the NCSC continue work on the breach and an English‑speaking hacker group claims responsibility.