Jaguar Land Rover could be considering a £500 million supplier bailout as a state "rescue" over the crippling cyber attack on the firm appears to have faltered. The Coventry carmaker plans to extend the lifeline to its numerous suppliers by lending them sums to weather the hacking crisis.

JLR is on the brink of finalising an agreement to lend hundreds of millions of pounds to its suppliers after a taxpayer-backed "rescue" hit a roadblock. This weekend, executives are putting the finishing touches on a radical lifeline that could see up to £500 million pumped into its supply chain.

Earlier this week, Labour Party business secretary Peter Kyle and chancellor Rachel Reeves announced a £1.5 billion state-backed guarantee. Ms Reeves praised the initiative as proof of the government's co

See Full Page