Labour is looking to launch a rescue bid for JLR.

The Labour government is set to announce an emergency rescue package for Jaguar Land Rover as soon as this weekend after the firm was driven into chaos following a cyber attack.

Business secretary Peter Kyle has been in “intense conversations” with JLR and its parent company Tata after fears the knock-on effect of the hack would lead to the firm’s suppliers going bust.

Earlier this week, JLR extended its production shutdown until at least 1 October.

Kyle told The Sun: “JLR and its supply chain can be sure that Government will help in a way that backs industry and supports jobs.”

Concerns had been raised that despite JLR being “highly profitable” the smaller firms who relied on selling parts to JLR could face collapse, The Sun repo

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