Corporate Business
Jaguar poised to shut for the summer
Executives at Jaguar Land Rover, the Midlands carmaker, are drawing up plans for an extended shutdown of its UK plants and a new round of staff layoffs as it struggles to cope with the slump in the world car market. Preparation for the closures comes just days after the company released its new flagship, the latest version of the Jaguar XJ beloved by prime ministers and top British executives.
