UK government bails out Jaguar Land Rover with £1.5B loan after hack disrupts vehicle production for weeks
The U.K. government has confirmed it will guarantee a commercial bank loan of £1.5 billion ($2bn) for carmaking giant Jaguar Land Rover after a hack forced the company to shut down its carmaking production lines and left downstream suppliers at risk of bankruptcy. In a statement on Sunday, U.K. ministers said that the government-backed loan […]