HC Deb 03 February 1966 vol 723 c1278
43. Mr. Ridsdale

asked the President of the Board of Trade why he prevented the Phillips Drill Company from coming to Clacton-on-Sea.

Mr. Jay

After examination of the company's application for an industrial development certificate at Clacton, I decided that the development could not be carried out consistently with the proper distribution of industry.

Mr. Ridsdale

Why are the Government so determined to ignore market forces for the sake of economic political planning? Surely it is scandalous to add 70 to 80 per cent. to the capital costs of this firm, which will be engaged in the export trade.

Mr. Jay

I examined this case carefully. As the firm purposes to do a great deal of business with the E.F.T.A. countries, it is at least reasonable that it should examine locations on the North-East Coast as well as in the hon. Member's constituency.

Mr. Ridsdale

In view of the unsatisfactory nature of the reply, I give notice that I will raise the matter on the Adjournment.