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UK Backs £1.5 Billion Loan to JLR After Cyberattack to Stabilise Supply Chain

The guarantee is intended to keep suppliers solvent during JLR’s phased recovery from a systems‑crippling breach.

Overview

  • The facility will be raised from a commercial bank, guaranteed via UK Export Finance’s Export Development Guarantee, and repaid over five years.
  • JLR reports sections of its digital estate are restored, with parts logistics and financial systems back online to clear a backlog of supplier payments and resume vehicle sales processing.
  • Production at several plants remains paused under a controlled restart, with a partial restart targeted around October 1 according to company updates reported by media.
  • The move is designed to protect tens of thousands of jobs across roughly 700 suppliers, after surveys and parliamentary testimony flagged acute cash strain and some layoffs; unions called the step welcome.
  • Investigations with the NCSC and law enforcement are ongoing after a group calling itself Scattered Lapsus$ Hunters claimed responsibility, and media reports suggest JLR may not have finalised cyber insurance.