British technology tycoon Mike Lynch has been confirmed as among those to have died after a luxury yacht sank off the coast of Sicily on Monday. The body of the 59-year-old businessman was recovered from the vessel off the coast of Porticello, after the area was hit by a storm in the early hours of August 19. Lynch's 18-year-old daughter Hannah is reportedly still missing, with the Italian Coastguard confirming that the sixth and final person yet to be found is a woman.

Mr Lynch, his daughter Hannah, Morgan Stanley International bank chairman Jonathan Bloomer, his wife Judy Bloomer, Clifford Chance lawyer Chris Morvillo, and his wife Neda Morvillo were declared missing when the Bayesian sank at around 5am on Monday. Five bodies have since been found, with four yet to be formally identified, the PA news agency reports. READ MORE: Sicily yacht sinking live updates as search continues for missing person Keep up to date with all the latest breaking news and top stories from the North East with our free newsletter 15 of the 22 passengers on board, including Mr Lynch's wife Angela Bacares, were rescued after escaping on to a lifeboat.

The body of Canadian-Antiguan national Recaldo Thomas, who was working as a chef on the superyacht Bayesian, was recovered at the scene of the sinking on Monday. The boat trip was a celebration of Mr Lynch’s acquittal in a fraud case in the US. The businessman, who founded software giant Autonomy in 1996, was cleared in June of carrying out a massiv.