House of Commons · Written Ministerial Statement
Government support for Jaguar Land Rover
14 October 2025 · Department for Business and Trade
Proposed by Chris McDonald Lab Stockton North
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- Government provides guarantee through UK Export Finance for a commercial loan to Jaguar Land Rover.
- Guarantee aims to maintain JLR operations and support suppliers affected by the cyber-attack.
- Loan repayment period is five years to ensure long-term financial stability.
Issue summary
The government is supporting Jaguar Land Rover (JLR) through a guarantee provided by UK Export Finance for a commercial loan.
Action requested
UK Export Finance has issued a guarantee to support JLR's liquidity, which will be repaid over five years and help maintain operations and support suppliers. The government aims to protect thousands of jobs and export earnings affected by the cyber-attack.
Key facts
- Jaguar Land Rover (JLR) supports around 34,000 UK jobs directly.
- JLR supports an additional 120,000 jobs in its supply chain.
- The guarantee is provided as a commercial loan to be repaid over five years.
- UKEF will receive a premium for the risk taken and administrative costs.
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Assessment & feedback
Summary accuracy