Britain will back Jaguar Land Rover with a £1.5 billion ($2 billion) loan guarantee to shore up its supply chain after a cyberattack forced the luxury carmaker to halt production for nearly a month.

The Tata Motors-owned company, which builds around 1,000 vehicles a day across three UK factories, has been struggling to keep suppliers afloat. Some smaller firms had warned they were just days away from running out of cash, with others cutting hours or laying off staff. Advertisement

Business minister Peter Kyle called the hack “not only an assault on an iconic British brand, but on our world-leading automotive sector,” adding, “This loan guarantee will help support the supply chain and protect skilled jobs.”

The support will be provided through a commercial bank loan guaranteed by UK Exp

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