This is the type of intervention that the CBM Taskforce, which has been supporting the car maker’s supply chain, has been requesting and we’re pleased to see it come to fruition.
We are urgently pressing for more details on the support and, importantly, how we make sure the finance cascades down the supply chain and gets to companies who are currently on a cliff edge with cash running out and jobs in the balance.
If we can make sure this funding gets distributed quickly, we have a great opportunity to protect the UK automotive supply chain…however, speed is of the essence.
As it rolls out, we are asking CBM members to get in touch if they are finding it difficult to access or if it’s not working for them – that way we can give feedback directly to the government.
We would like to thank the Minister for Industry Chris McDonald, MP Sarah Coombes and all other local politicians who have worked with us on the Taskforce, listened to our concerns and lobbied for the announcement we got yesterday.
“This isn’t about political point scoring, or which party has done what, this is all about keeping a truly iconic British manufacturing brand flying.”
Stephen Morley, President of the Confederation of British Metalforming, which looks after the interests of 200 companies focused on manufacturing fasteners, forgings, pressings and cold-rolled and sheet metal products. A large proportion of these companies will supply into JLR.
