US Healthcare Locums suit ends

Shares in beleaguered nursing and social services group Healthcare Locums (HCL) climbed as much as 20 per cent yesterday after the company said that a US lawsuit against it had been dropped. HCL was being sued in the US by an outfit called Permian Master Fund. The firm’s shares pared early gains yesterday to close up 3.7 per cent at 3.5p.