{"id":158274,"date":"2025-09-24T21:38:06","date_gmt":"2025-09-24T21:38:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/158274\/"},"modified":"2025-09-24T21:38:06","modified_gmt":"2025-09-24T21:38:06","slug":"government-mulls-financial-support-for-jlr-supply-chain-firms","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/158274\/","title":{"rendered":"Government mulls financial support for JLR supply chain firms"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Unions had called for a Covid-style furlough scheme, but ministers have ruled this out given its likely cost, sources have told the BBC.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Another option being considered is providing government-backed loans to suppliers, though this is understood to be out unpopular with suppliers.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The purchase and stockpiling of car parts by the government is also an option on the table, but this would present considerable logistical challenges.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">JLR&#8217;s manufacturing process relies on the right part arriving at the right place, at the right time.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">However, industry experts agree doing nothing risks firms in the supply chain, which employs tens of thousands of workers, <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/czdjn0lv64ro\" class=\"ssrcss-f6h2dj-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">facing bankruptcy<\/a>. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The Business and Trade Select Committee is due to meet on Thursday afternoon to hear testimonies from businesses in JLR&#8217;s supply chain.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">This evidence will be shared with the government afterwards.<\/p>\n","protected":false},"excerpt":{"rendered":"Unions had called for a Covid-style furlough scheme, but ministers have ruled this out given its likely cost,&hellip;\n","protected":false},"author":2,"featured_media":158275,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[49,50,51,47,52,48],"class_list":{"0":"post-158274","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-headlines","8":"tag-headlines","9":"tag-news","10":"tag-top-news","11":"tag-top-stories","12":"tag-topnews","13":"tag-topstories"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/158274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=158274"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/158274\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/158275"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=158274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=158274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=158274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}