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The Independent UK
The Independent UK
David Maddox

Jaguar Land Rover cyber attack: Reeves issues £1.5bn loan guarantee to rescue British car maker

Ministers have stepped in to provide an emergency bailout to Jaguar Land Rover after the motor manufacturer was left reeling by a massive cyber attack.

Chancellor Rachel Reeves has announced that she will provide the motor giant a £1.5bn loan guarantee to give it time to recover from the attack and protect the companies in its supply chain which have also been hit hard.

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