Written Question·Department for Business and Trade·UIN 120415

Jaguar Land Rover: Loans

Tabled: 12 March 2026

Answered: 17 March 2026

Named Day

Question

Saqib Bhatti

Conservative — Meriden and Solihull East

To ask the Secretary of State for Business and Trade, how many companies applied to the loan guarantee scheme for Jaguar Land Rover.

Answer

Chris McDonald

The government agreed to back Jaguar Land Rover (JLR) with a loan guarantee, to unlock up to £1.5 billion in commercial financing. The loan covered by the guarantee will be re-paid over 5 years. JLR supports 154,000 UK jobs and is an important customer fo...

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