L

Lord Grade of Yarmouth (Non-Afl)

Speaking in the House of Lords on 14 October 2025

Debate

Jaguar Land Rover Cyberattack

Contribution

My Lords, perhaps I might pose a somewhat more prosaic but urgent question. The crisis at Jaguar Land Rover had immediate and predictable consequences for the supply chain. The immediate call was for the taxpayer to stand in. Do the Government have a view about whether the banks should play their part in supporting good customers such as the supply chain of Jaguar Land Rover, which has a very good customer in Jaguar Land Rover? The crisis was clearly going to reach an end. I do not understand why the banks do not stand by. Otherwise, what are they for?

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