GLASGOW City Councillors have backed a new bail-out worth up to £2million for City Parking.
The city's ruling executive council yesterday approved a new line of "cash flow funding" for the beleaguered company.
The move came after the council-owned company revealed that its bank would not renew its overdraft at its current trends.
Councillors did not decide exactly how to make the bail-out, which could be in the form of a loan or a cash contribution.
The Evening Times first revealed the bail-out on Monday.
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