Speeches by Yang.

“Mr Josephs, following on from that question, you forecast very large behavioural changes, and in particular very large emigration changes in response to taxes on assets such as in the private equity industry. There is research from the Centre for the Analysis of Taxation that suggests that those emigration effects are …”

“Mr Josephs, you talked about fiscal allusions in the outlook and you named the sale of the student loan book for below its market value as an example. Is the Government’s financial transactions control framework, which aims to stop this kind of behaviour in future, a framework that the OBR will be scrutinising and prod…”

“Professor Miles, when you say your estimate is central, do you mean that you have picked the middle of the range? I see that you have described a range of 0.15 to 0.75 in the elasticity of demand for labour. Is that just choosing the middle point? It seems like a reasonable middle point, because there is a spectrum of …”

“On confidence in the data, obviously there is a tremendous amount of work in the economic outlook. Is there an argument for there to be more caveating or confidence intervals of the projections you present, given the lack of confidence that we have just described in the data inputs?”

“What is the timeframe for those two time runs?”

“There is the idea that there is short-term tightness and medium-term uncertainty, depending on how many people can come back into work.”

“I have one final question on this. You talk about indicators of unemployment. How confident are you in the jobs market data, given that the ONS has paused publication of the labour force survey for about a year? We have had declining responses to the survey. People do not seem to want to fill it out. The Bank of Englan…”

“Thanks to the whole panel for your immense work on this outlook. Mr Hughes, I want to get into the question about spare capacity in the economy and your assumption that there is very little spare capacity left. I wonder if the OBR has been overly pessimistic about the idea that the UK economy is operating at full poten…”

“The hon. Gentleman mentions Gordon Brown. Yesterday’s Budget starts to restore the level of Government spending as a share of the economy to levels that are similar to those under Gordon Brown and the last Labour Government. It starts to restore the foundations of our public services. Does the hon. Gentleman welcome th…”

“My constituents told me on the doorstep that their No. 1 priority was to improve the NHS. If the Conservative party were still in government, it would be overseeing steep cuts across the NHS and our public services. Would the hon. Lady be happy to be part of such a programme?”

“The right hon. Member mentions that many people do not feel part of how the country has been run, and for the last 14 years we have seen regressive Budgets that have hit the poorest hardest. Does he welcome, with me, that our Budget is progressive and in fact distributes the burden where it is most well shouldered?”

“Will the right hon. Member give way?”

“Will the right hon. Member give way?”

“Will the right hon. Member give way?”

“I draw the House’s attention to my entry in the Register of Members’ Financial Interests, in particular the perhaps interesting fact that, like the majority of journalists at the Financial Times, I am a proud member of the National Union of Journalists. I am able to enjoy that right to membership of a trade union, and …”

“I congratulate my hon. Friend the Member for Bournemouth West (Jessica Toale) on her wonderful maiden speech. I know that her international background and deep expertise in international development will add much richness to our new parliamentary Labour party, and I also believe that an international background is esse…”

“By spring this year, financial markets had already priced in the fact that they expected a large Labour victory, and that was what gave businesses and the markets so much confidence in the future stability of our economy. Will the shadow Secretary of State explain why?”

“8. What steps she is taking to support the financial sustainability of English football.”

“I associate myself with that tribute and thank the Secretary of State for her reply. My constituency is the proud home of Reading football club, which managed to stay up last season against the odds but which has been the victim of financial mismanagement by absent owners. We desperately need the Government’s football …”

“My volunteers and I have been out speaking to residents across my constituency every weekend since the general election. Like many others, Earley and Woodley is a very diverse constituency with diverse needs. Last weekend we spoke to relatively well-off pensioners who told us that they feel it is right that winter fuel…”