§ Sir P. Macdonald
asked the President of the Board of Trade if he will make a statement about his plans for attracting new industries to the Isle of Wight.
§ Sir D. Eccles
The facilities offered by the Isle of Wight are continually brought to the attention of industrialists. As a result, there have already been a number of inquiries about setting up factories in the island, and these are being pursued with the firms concerned. Several of them have applied for assistance, under the Distribution of Industry (Industrial Finance) Act, 1958.
The Decca Radar Company, Limited, have just announced that they have purchased the lease of Cowes Airport to establish a manufacturing unit which will employ initially some 50 men. The recently announced merger between the Westland Aircraft Company and Saunders Roe is expected to result in increased employment during 1960.