fromBusiness Matters
1 day agoGovernment could buy Jaguar Land Rover parts to prevent job losses after cyberattack
The government is weighing extraordinary measures to shield Britain's manufacturing base from the fallout of Jaguar Land Rover's crippling cyberattack, including buying up parts from suppliers to prevent mass job losses. Business Secretary Peter Kyle is understood to be considering a scheme where ministers would purchase parts from JLR's 700-strong supplier network and sell them back once production resumes. The move comes after a hack on 31 August forced JLR, owned by India's Tata Motors, to freeze output across plants in the UK, Slovakia, Brazil and India.
UK politics