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    JLR gets UK govt's guarantee for $2 billion loan after cyber hit

    5 hours ago

    Jaguar Land Rover secured a £1.5 billion ($2 billion) loan, backed by the UK government, to alleviate pressure on suppliers. This financial support comes after a cyberattack forced the carmaker to halt production at plants across several countries, significantly disrupting its wider supply chain. The loan, guaranteed by UK Export Finance, is repayable over five years.
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