§ 42. Mr. Jayasked the President of the Board of Trade whether he will schedule the Isle of Wight as a Development Area under the Distribution of Industry Acts.
§ Mr. ErrollIt is too soon to judge what the longer-term effect of the decision to discontinue development of the aircraft S.R. 177 will have on the level of unemployment in the island.
§ Mr. JayAs unemployment is already near 5 per cent. in the island, and as the population is largely dependent for factory employment on one firm, is not this just the sort of case for which this Act was intended?
§ Mr. ErrollNo, Sir. Scheduling could not alleviate the immediate problem. We prefer to rely on the efforts we are making to interest expanding firms in new projects in the island.