LONDON (Reuters) -Britain will back Jaguar Land Rover with a 1.5 billion pound ($2 billion) loan guarantee to help support its supply chain in the wake of the luxury carmaker's production shutdown following a cyberattack. Jaguar Land Rover's shutdown has lasted nearly a month, and the government had been exploring options to support the company and its supply chain, with some small suppliers saying they had one week left at most before they ran out of cash. The carmaker, which is owned by India's Tata Mo ...

Jaguar Land Rover (JLR) has been rescued with a £1.5bn government-backed loan after it stopped manufacturing following a cyber attack. The cash injection will allow JLR to support its supply chain after firms warned of mass layoffs and collapse following the halt to production. Rachel Reeves, the Chancellor, said: “Jaguar Land Rover is an iconic British company which employs tens of thousands of people – a jewel in the crown of our economy. “Today we are protecting thousands of those jobs with up to £1. ...