British government guarantees Jaguar Land Rover loan

Cyberattack British Government Guarantees Jaguar Land Rover Loan

2025-10-01 From Thomas Günnel | Translated by AI 1 min Reading Time

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The British government is financially assisting Jaguar Land Rover after a cyberattack—aiming to prevent further damage, including to suppliers.

The British government is helping Jaguar Land Rover with a billion-dollar loan after a cyberattack.(Image: Jaguar Land Rover) — The British government is helping Jaguar Land Rover with a billion-dollar loan after a cyberattack.
(Image: Jaguar Land Rover)

The British government is guaranteeing Jaguar Land Rover a loan of approximately 1.5 billion pounds, around 1.8 billion US dollar, following a cyberattack. This is intended to support the automaker's supply chain, as announced by British Business Secretary Peter Kyle on September 28. Kyle had previously visited the automaker's headquarters and a plant of the supplier Webasto. The loan will be issued by a bank, with the guarantee provided by the British government. The automaker is required to repay the loan within five years.

Following the cyberattack on September 1, all Jaguar Land Rover factories were forced to halt production, a stoppage that continues to this day. The BBC estimates the weekly damage of the production stoppage for Jaguar Land Rover at around 50 million pounds. Suppliers have also been severely affected.

Short-Time Work And Loans for Suppliers

Jaguar Land Rover is one of the largest exporters in the UK. According to the British government, around 34,000 people work directly in the UK branches. The car manufacturer also operates the largest supply chain in the UK automotive industry, which consists mostly of small and medium-sized enterprises and employs around 120,000 people.

According to the BBC, the car manufacturer restored some of its IT systems last week and began paying suppliers. According to Jaguar Land Rover, production will not resume before October 1.

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Date: 08.12.2025

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