Summary
The UK government plans to back a £1.5 billion loan for Jaguar Land Rover (JLR) following a cyber-attack that halted production. There are concerns about the impact on the supply chain, and a local MP suggests more government help might be needed. The situation has raised wider issues about the need for improved cyber defenses.
Key Facts
- The UK government is backing a £1.5 billion loan for Jaguar Land Rover.
- JLR halted production due to a cyber-attack and might resume operations in early October.
- About 30,000 people work directly for JLR, and around 100,000 work in its supply chain.
- The loan aims to protect jobs at JLR and its supply chain.
- Local MP Liam Byrne suggests further government help might be necessary.
- The cyber-attack on JLR is part of a series affecting UK businesses.
- There are calls for better cooperation between the government and private sector on cyber defense.
- The disruption has highlighted vulnerabilities in the UK's economic infrastructure.
