UK gov acknowledges 'strong case' for JLR financial support
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UK gov acknowledges 'strong case' for JLR financial support
"So, the Business and Trade Committee on behalf of Parliament is bringing together suppliers from across the supply chain tomorrow, in order to try and get to the bottom of exactly what's going on and what the impact of an extended delay would be. And I think there is a good strong case for government intervention."
"This is a huge cyber shockwave that's rippled through the supply chain, and people are now losing their jobs through no fault of their own. That's bad for the automotive industry. We need those skills and those people kept attached to those firms. And we can't just have a cyberattack take down one big manufacturer like Jaguar Land Rover, and the supply chain then go down because it's incredibly difficult to put it back together again, once things are back up and running."
Jaguar Land Rover's cyberattack has halted production for at least a month, threatening widespread disruption across its suppliers. The Business and Trade Committee is convening suppliers to assess the full impact and the potential for extended delays. Calls are increasing for government intervention and Covid-style financial support to protect supply-chain workers already facing redundancies. The government has written to the chancellor to explore options but has made no commitment to provide aid. The business secretary visited the West Midlands to evaluate the situation. Committee leadership warns the situation will worsen over the next week or two without decisive action.
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