No bailouts for Jaguar Land Rover amid reports of thousands of job cuts, says minister
Carmaker, which is battling Trump tariffs and Chinese competitors, faces talks with union leaders and governmentThe government has signalled that it will not invest taxpayers’ money to limit job losses at Jaguar Land Rover (JLR), after it emerged that the UK’s biggest carmaker is planning up to 4,000 redundancies.Before crunch talks on Tuesday between JLR, union leaders and government officials, the business secretary, Jonathan Reynolds, said it was not his job to “intervene and run businesses”. Continue reading…
Source: www.theguardian.com