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Report released into £18m Manx-owned yacht disaster

Investigators have released an interim report into the sinking of a yacht owned by a Manx company which claimed seven lives.

The 56-metre Bayesian sank last August in a storm off the coast of Sicily, killing tech tycoon Mike Lynch and six other people.

A new report from the Marine Accident Investigation Branch says the £18 million yacht - owned by Douglas company Revtom - may have had design flaws which contributed to the disaster.

But it says work to find out what happened is still ongoing.

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