URGENT: Government to Provide Lifeline for Struggling JLR Suppliers Amid Financial Crisis

Government Considers Lifeline for Struggling JLR Suppliers Amid Cyber-Attack Crisis The UK government is considering financial support for Jaguar Land Rover's (JLR) suppliers, who are on the brink of collapse due to the car maker's suspended production following a cyber attack. Ministers are exploring an emergency plan to buy component parts from struggling suppliers, keeping them in business until JLR's factories can resume production. The move comes as fears grow that smaller firms reliant solely on JLR's business could go bust without support. The cyber attack, which first came to light on September 1, has forced JLR to shut down its IT networks and suspend production at its three factories in Solihull, Wolverhampton, and Halewood. The company typically produces over 1,000 cars per day. An investigation into the cyber attack is underway, with estimates suggesting it could cost JLR millions of pounds. Workers have been sent home with no firm return date, leaving suppliers in limbo. The government's proposed support package aims to stabilize the supply chain and prevent widespread job losses. However, details of the plan remain unclear, and negotiations between ministers and industry leaders are ongoing. This is a developing story, and we will provide updates as more information becomes available. *This is a developing story. Updates will be provided as more information becomes available. Based on reporting from Bbc.*