Jaguar Land Rover in talks over ‘£1bn-plus’ state loan

Carmaker said to be seeking government support amid falling demand as a result of pandemic

Jaguar Land Rover, Britain’s largest carmaker, has asked for a support package from the government to help it survive the coronavirus pandemic.

Talks are ongoing with the Department for Business, Energy and Industrial Strategy (BEIS), and the department said it would not provide a running commentary of the discussions, after Sky reported that the bespoke loan request was in excess of £1bn.

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Author: Mattha Busby | Source

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