Manx-owned yacht to be raised during investigation into sinking

A Manx-owned yacht which sank off Sicily, claiming seven lives, could be raised from the seabed next month, according to investigators.

An inquest has opened in Suffolk into the deaths of business tycoon Mike Lynch, his daughter Hannah, Morgan Stanley International bank chairman Jonathan Bloomer and wife Judy.

All four died when the Bayesian - owned by Douglas-based Revtom Limited - sank in a storm last August.

The hearing was told operations to raise the yacht will begin next weekend, and the Marine Accident Investigation Branch expects to produce a preliminary report into the sinking in the next few weeks.