Jaguar seeks state loan as coronavirus pandemic takes toll: Sky News By Reuters


© Reuters. Jaguar Land Rover unveils new Jaguar F-Type mannequin throughout its world premiere in Munich


(Reuters) – Jaguar Land Rover (NS:) is in talks with the British authorities a couple of request for short-term state funding of greater than 1 billion kilos ($1.22 billion), Sky News reported https:// on Saturday.

The loan request had been lodged with the Department for Business, Energy and Industrial Strategy, the Sky News report stated, citing a supply near Jaguar Land Rover, whose father or mother firm is Tata Motors (NYSE:).

“The claim is inaccurate and speculative,” Jaguar Land Rover stated in an emailed assertion to Reuters. The assertion stated the corporate was in “regular discussion with government on a whole range of matters and the content of our private discussions remains confidential.”

Disclaimer: Fusion Media want to remind you that the information contained on this web site will not be essentially real-time nor correct. All CFDs (shares, indexes, futures) and Forex costs are usually not supplied by exchanges however fairly by market makers, and so costs will not be correct and will differ from the precise market worth, that means costs are indicative and never applicable for buying and selling functions. Therefore Fusion Media doesn`t bear any accountability for any buying and selling losses you may incur as a results of utilizing this information.

Fusion Media or anybody concerned with Fusion Media is not going to settle for any legal responsibility for loss or harm as a results of reliance on the data together with information, quotes, charts and purchase/promote indicators contained inside this web site. Please be absolutely knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is among the riskiest funding types potential.

Source link