The government could start buying parts from Jaguar Land Rover’s suppliers in a plan to protect manufacturing jobs from the impact of a severe cyber-attack, as it explores options to support companies supplying the stricken carmaker.
The business secretary, Peter Kyle, is considering a plan that would lead to the government buying parts made by the suppliers, then selling them back to JLR when it resumes production of its vehicles, according to a report by ITV News. It is among several options under consideration.
Clever wheezes often are of course.
For example, who wants to bet that parts made for the government stockpile will meet normal production standards?
Bonkers. More expensive than furlough.
Why is the taxpayer on the hook for this? Any small company who failed to upgrade their IT security or take out insurance, well, that’s the risk they take, surely??
Small companies aren’t generally owned by Indian cowboys with large chequebooks
Oh Tim. How cynical.
Mr Kyle with all his years of technical expertise will check each part personally as it comes in.
Why can’t they just borrow money from a bank?
The bank will require more security, and higher interest.
So why not try it on with the government first? It’s not like there aren’t lots of others doing it…
‘Hey Ryan, you know those crates of parts we’ve had sat in the warehouse for years because Jaguar messed up on their order quantities and refused to take them? Get them out front and blow the dust off, they’re getting them now’
Jaguar are going to end up making cars that look like the car designed by Homer Simpson, The Homer:
https://youtu.be/WPc-VEqBPHI?t=216
They have done for years. 🙂
I thought JLR had temporarily stopped much of its production anyway, weeks before the cyber attack.
Those were last week’s numbers. This week’s numbers will show them just about to put on a second shift.
Which the government will buy the parts from.
What difference would it make? When the government sold the parts to JLR they’d prevent JLR from buying them from the makers, who’d then have the same cash flow difficulties as now.
Exactly. Ending Jaguar consumption means at sometime there must be a curtailment in parts production. Government pushing the date back does nothing.
What a stupid government you have.
d e l e t i n g . o r d i n a r y . . . . . . . 93%
Are Labour really stupid / insane enough to set up the National Strategic Exhaust Pipe Reserve? Yes, definitely. I can just see Reeves getting up at the dispatch box to announce that the price of old tyres is holding firm.