The loan request had been lodged with the Department for Business, Energy and Industrial Strategy, the Sky News report said, citing a source close to Jaguar Land Rover, whose parent company is Tata Motors. “The claim is inaccurate and speculative,” Jaguar Land Rover said in an emailed statement to Reuters. Sky News, citing a spokesman, said about 20,000 of its employees had been furloughed under the government’s emergency wage subsidy programme. …read more
Source:: Yahoo Finance