JLR emergency loan: Govt must be prepared to go further
EMBARGO: 22:00 SEPTEMBER 27 2025
In response to the Government agreeing to underwrite a £1.5 billion loan guarantee to Jaguar Land Rover (JLR) as it continues to face a shutdown following a mass cyber attack, Sarah Olney MP, Liberal Democrat Business Spokesperson said:
"The Government and JLR must urgently clarify whether this emergency loan is going to be enough to properly protect tens of thousands of jobs and companies in the supply chain.
"This move is of course welcome - and hopefully not too late - but the Government has been too slow to act.
“The Government must be prepared to provide further support, including a furlough scheme for affected workers, if needed. We must also see a plan for ensuring cyber security standards are improved so that situations like this aren't repeated. Liberal Democrats will continue to hold the Government's feet to the fire so our car industry is protected.”
ENDS