Amey has confirmed it has secured banking facilities of £221.2m through to July 2004.
The lifeline means it can continue trading and it can explore the possibility of buying back its option to run part of the London Underground.
It has appointed Mel Ewell as chief executive. The support services group said it had decided to “explore further” a preliminary expression of interest in the company.
References: Financial Times 27/02/03 page 22, The Guardian 27/02/03 page 27, The Times 27/02/03 page 28 (Need to know), page 33, The Daily Telegraph 27/02/03 page 35, The Independent 27/02/03 page 23, ape 24 (Mar
