Overview
- Ministers will underwrite a £1.5bn facility through UK Export Finance’s Export Development Guarantee, enabling bank lending repayable over five years.
- JLR says a controlled, phased restart has restored supplier payments, wholesale sales and registrations, and operations at its Global Parts Logistics Centre.
- Vehicle manufacturing remains paused until at least 1 October as the company validates systems and continues forensic work with authorities.
- The Sunday Times, cited by the Guardian, reports engine production in Wolverhampton could resume in early October subject to tests, which JLR has not confirmed.
- Unions and industry groups warn of layoffs and liquidity stress among SMEs in the supply chain, with the government framing the guarantee as a jobs safeguard.