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Jaguar Land Rover reports £451m quarterly loss as it cuts 4,000 jobs

Jaguar Land Rover posted a £451m quarterly loss for July–September despite revenues of £5.9bn, after £530m in costs from cutting 4,000 jobs; 3,000 voluntary redundancies are confirmed, mostly leaving at the end of November. CEO PB Balaji said Chinese competition should push the UK and EU to drop new