The British government is reportedly still involved in discussions with Jaguar Land Rover (JLR) and Tata over financial assistance such as loan guarantees for JLR.
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The Economic Times of India said in a report that the British government continues to hold confidential discussions with the company over both short- and long-term financing and business plans.
Negotiations have reportedly been hampered by disagreements over conditions that may apply to the parent, Tata, over any UK government assistance.
Discussions concerning JLR’s financial position and steps that Tata and the British government can take are continuing in London, the report said.
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