Firms in Llanelli that operate within the Jaguar Land Rover (JLR) supply chain have been hit with uncertainty since the company’s recent cyber-attack.
I’ve been in contact with some of those suppliers as they’ve had to react to the difficulties JLR has faced and I’ve also been in touch with UK Government to stress the employment these suppliers bring to Llanelli, the practical problems this placed upon them and to ask ministers to assist suppliers to get some breathing space to recover from the consequences of the incident.
That’s why I was pleased to see the UK Labour Government agreeing to underwrite a £1.5bn loan guarantee that will do exactly that – giving JLR, its suppliers and the many workers affected the reassurance they need.