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Government support for Jaguar Land Rover

14 October 2025

Proposing MP
Stockton North
Type
Written Ministerial Statement
Department
Department for Business and Trade

At a Glance

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.
Assessment & feedback
Summary accuracy