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Jaguar Land Rover (JLR) could face an eye-watering £120 million hit to its finances experts have warned after the manufacturer confirmed the extension of its shutdown for another week.

The company announced today (September 23) it would extend the pause on production until at least Wednesday October 1 as it continues to battle with the fallout of the cyber attack.

This comes after JLR was forced to stop production at its sites across the country, including multiple in the West Midlands, due to a cyber attack at the end of last month.

The Halewood, on Merseyside, and Solihull were all halted, in addition to the engine manufacturing location in Wolverhampton.

READ MORE: JLR shutdown extended further after cyber attack

A statement from the brand said: “Today we have inform

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