JLR confirms voluntary redundancy programme; minister rules out bailout
Jaguar Land Rover (JLR) confirmed it is opening a voluntary redundancy programme, with reports suggesting up to 4,000 jobs could be affected. The carmaker, which employs around 30,000 people in the UK, cited falling sales, the impact of US tariffs, and a recent cyberattack as factors. Business Secretary Jonathan Reynolds stated on Sunday that the government would not provide a bailout, but confirmed he would meet JLR leadership and Unite union officials on Monday to discuss mitigating job losses. Reynolds emphasized the need for the company to remain competitive over time. Chancellor John Healey is also due to deliver a speech on economic growth in the Midlands. Unite union officials criticised government policy, citing underinvestment and high energy costs as contributing factors, while the Liberal Democrats called for more support for affected workers.
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