Jaguar Land Rover to restart production on Wednesday after cyber-attack


JLR has also outlined an accelerated-payment scheme to help its suppliers, many of whom have been struggling financially.

So-called Tier 1 suppliers, with which the company has a direct relationship, will be able to get paid for new orders shortly after they have been placed, rather than up to two months after delivery. JLR says this will enable them to get funding up to 120 days earlier than normal.

There is an expectation that these companies will then offer similar terms to their own suppliers, allowing funding to flow rapidly down the supply chain.

The scheme is being funded by JLR itself, using credit provided by a commercial bank. It is not linked to the £1.5bn loan guarantee recently offered to the carmaker by the government.

Industry insiders have warned that the resumption of production, while welcome, does not end the crisis being experienced by many smaller suppliers. Some are heavily reliant on JLR and have had little or no income for the past month and a half, while bills have still had to be paid.

Last week, one leading contractor told the BBC that the help offered by the government so far was inadequate.

David Roberts of Evtec Group said: “We asked the government directly, at ministerial level, to directly support the sector. They listened, but they did nothing. It’s almost like they’ve turned a deaf ear to the needs of advanced manufacturing.”

Another supplier, Genex UK, a small company which presses metal parts, told the BBC it had been forced to lay off 18 staff because of a cash shortage.


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