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- cross-posted to:
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I don’t get it. Isn’t this a company based in India? Do they still manufacture these in Britain?
Is Tata in bad financial shape?
My guess they threaneted to leave the country and the gov fell for it
This is a public guarantee for a new debt the company apparently took out to secure operations.
Britain will back Jaguar Land Rover […] to help support its supply chain in the wake of […] a production shutdown following a cyberattack […] with some small suppliers saying they had one week left at most before they ran out of cash.
The attacker’s identity is still unknown.
It is noteworthy that European Nato members earmarked 1.5% of their GDPs for non-military defence, including such cyberattacks.