§ 37. Mr. Rankin
asked the Secretary of State for Trade and Industry if he will make a statement on the future of the hovertrain; how much is being invested from public funds in the system; and with what measure of success.
§ Sir J. Eden
Approval was given for investment of £3½ million by the National Research Development Corporation in Tracked Hovercraft Limited, which hopes to start testing experimental vehicles at intermediate speeds up to 150 m.p.h. this summer; the system is designed for eventual operation at 250 to 300 m.p.h.