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.