§ Mr. Stephen Ross (Isle of Wight)I have the honour, Mr. Speaker, to present a petition from the employees of Plessey plc at Cowes in my constituency, where about 1,350 people work, and it is signed by nearly every one of them. It says:
That the undersigned object to the proposed takeover of the Plessey Company plc by the General Electric Company plc because such a takeover would result in very heavy job losses, serious harm to the research and development in which the Plessey Company plc has up to now been involved and the creation of a monopoly which would limit the choice facing major customers in the electronics and defence markets.I should add that such a merger would be catastrophic for the economy and my constituency.
§ To lie upon the Table.