On the eve of his trial, former business tycoon Trevor Baines has admitted stealing more than ?900,000.

The 71-year-old, of Woodbourne Road in Douglas had initially denied taking ?925,000 while his wife Wendy denied obtaining ?400,000 by deception.

Both have now pleaded guilty to the charges.

After changing their pleas, Trevor Baines remains in custody on other matters while his wife is on bail.

Both will now be sentenced at the conclusion of a trial which is due to begin this morning (Tuesday) at Douglas courthouse.

Advocate, Jenny Holt, who had earlier acted on behalf of the couple, is charged with doing acts against public justice, falsifying or concealing documents and entering into an agreement.