Overview
- Ministers will underwrite up to £1.5 billion through UK Export Finance’s Export Development Guarantee, enabling a five-year loan from a commercial bank.
- JLR reports sections of its digital estate are back online, with invoicing capacity increased, wholesale finance restored, and the Global Parts Logistics Centre returning to full operations.
- The automaker is targeting a phased partial restart around October 1 after the late-August attack forced production pauses at sites in the UK, Slovakia, Brazil and India.
- The support aims to stabilise thousands of suppliers as unions welcome the step, following warnings of cash shortages, delayed payments and temporary layoffs across the network.
- Forensic work continues with the National Cyber Security Centre and law enforcement, and a claimed attribution by a group calling itself Scattered Lapsus$ Hunters has not been verified.