Government to guarantee £1.5bn JLR loan after cyber shutdown

Government to guarantee £1.5bn JLR loan after cyber shutdown

It is hoped the loan will give suppliers some certainty as the shutdown continues. The government will underwrite the loan through the Export Development Guarantee (EDG), a financial support mechanism aimed at helping UK companies who sell overseas. The loan will be paid back by JLR over five years,...

Redirecting to full article...