Government rules out bailout for Jaguar Land Rover amid plans to cut 4,000 jobs

The Independent Business

The firm is expected to formally announce a major redundancy programme

The firm said it had made £210 million worth of cost savings as part of a three-year £250 million cost-cutting target.

It is understood the firm is telling workers on Monday morning amid reports it will formally announce plans to slash 4,0…

Spire had been in talks with Toscafund, its second largest shareholder, for several months over a possible takeover.

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