CCTV firm is bust

A SECURITY camera company that provides kit for public transport and money transfer firms last night went into liquidation as talks to rescue it collapsed.

Servision said that without fresh funds it could not pay debts and had no choice but to cease trading.

The company is behind technology that allows CCTV to be streamed from moving vehicles, used by businesses such as G4S and Loomis.

In February its shares were suspended from trading as it started to run out of cash.

Bosses said Leonard Curtis had been appointed to manage the liquidation process.