JLR gets UK govt’s guarantee for $2 billion loan after cyber hit

Jaguar Land Rover will get backing from the UK govt for a 1.5-billion-pound ($2 billion) loan aimed toward easing the pressure on suppliers hit by a manufacturing halt on the carmaker that was triggered by a cyberattack.The loan, to be offered by a business financial institution and assured by UK Export Finance, might be repaid over 5 years, the UK govt mentioned on Saturday. It comes after the Range Rover maker idled crops within the UK, Slovakia, Brazil and India on account of the assault earlier this month, derailing the broader provide chain.