Speeches by Yang.

“Exactly. I do not think that the Lords debating an issue or part of an issue would preclude the Commons from having a view on it. I am also concerned about the timeframe left to us, particularly from now until the end of the season.”

“I hope that the numbers and the spread of Government and Opposition supporters speak for themselves.”

“Separately to that, we would much prefer a debate in Westminster Hall or the Chamber before the end of the season to waiting beyond the end of the season for a Chamber debate.”

“Yes, I am happy to do that.”

“I very much take your point, particularly about the impact on women’s football. Unfortunately, that part of Reading football club was one of the first to suffer from the current ownership problem. The reason why it is so important, as Lee says, is that ambassadors from these clubs promote youth football and women’s foo…”

“When do you think you will have an outcome from that review?”

“We will be very excited to hear about that. You mentioned the difficulty—and this is something that we also experience—of finding mobile phone numbers, emails and other forms of contact details that are not landlines. Are there additional powers that the ONS would need in order to access these directories?”

“I thank the Minister for her remarks, particularly about the funding for regional improvement teams in schools. Two weeks ago, my constituents in Shinfield and Whitley received the devastating news that their local secondary school, Oakbank, had received its worst ever Ofsted report. Parents and former staff at that sc…”

“Although I am very much in support of reviews, and the OBR is the right body to conduct ongoing reviews of the impact of taxation on growth, does the hon. Gentleman want to set out any direction in which the Opposition might want to take business taxes? If there is a certain direction, where will the costs and savings …”

“Are there any instances in modern history where you think this would have been used?”

“This is a question mostly for the Governor, but possibly for Mr Benjamin as well. The Governor just mentioned this phase two getting to equilibrium, possibly in the next few years, or maybe you want to specify the timeline, Governor. At that point, the banks that are currently getting a much better deal right now, beca…”

“Slightly jumping back to the discussion that Mr Benjamin had on stress tests and on gilt market volatility, I just saw that yesterday you had opened your new lending facility for non-bank financial institutions, insurance companies, pension funds and the like in times of severe gilt market dysfunction. I was wondering …”

“I was wondering if you could play out as well—because obviously this is for severe dysfunction and not something that you will use day to day—what it would look like in terms of timeline and who makes the decisions about intervention if it were used.”

“How would you decide?”

“I just want, Mr Benjamin, to go back to this scenario that John Glen illustrates, about how regulatory focus on the tail can sometimes change the behaviour of groups in the main. For the new non-bank lending facility, what would you say to the concern that hedge funds—which, as the Governor said, have taken large posit…”

“Will the hon. Gentleman give way?”

“I am glad that we have returned to this topic, because I was about to ask the hon. Gentleman whether he might clarify the relationship between his remarks and the commercial letting of furnished holiday accommodation—[Interruption.] But of course I support the equalisation of tax measures provided for by the clause.”

“I was simply hoping to get us back on to the topic of the commercial letting of furnished holiday accommodation.”

“The hon. Gentleman raises the question of estimates around the level of revenue that would be generated by this important measure. Is he familiar with the work of Andy Summers and Arun Advani at LSE and the University of Warwick? Three years ago, in 2022, they modelled the effect of the 2017 tax reforms on non-doms and…”

“Might it not be more appropriate to view the measure in the context of the housing crisis that our country is currently in, and the record proportion of under-35s living at home with their parents rather than being able to live in their own accommodation? Does the hon. Member agree that there should be no tax incentive…”