Yuan Yang MP: speeches
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Speeches
- 8 Dec 2025 · Topical Questions · Hansard source
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T4. Data from the millennium cohort study suggests that over half of cases of young people not in education, employment or training are attributable to persistent childhood poverty and adverse experiences. I recently visited Starting Point, a charity that helps young people in Reading back into work, and I heard about those people’s experiences. Does the Minister agree that there is a strong economic case behind the Government’s moral mission to cut childhood poverty?
- 3 Dec 2025 · OBR: Resignation of Chair · Hansard source
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I join the Chair of the Treasury Committee in thanking Richard Hughes for his service, and commend him for taking responsibility for the security leak that happened on his watch. In testimony given to the Treasury Committee yesterday, the OBR described the “£21 billion average absolute revision” to their pre-measures forecasts as meaning, in effect, that between every six-month forecast, £21 billion on average is wiped off or added to the headroom. That leads me to ask: how can we ensure long termism in the UK’s fiscal institutions, despite this overall focus on headroom?
- 27 Nov 2025 · Budget Resolutions · Hansard source
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Three quarters of the tax raised by this Budget will go towards building fiscal headroom, doubling it—something that previous Conservative Chancellors never did. Does the hon. Lady welcome the investment in the gilt markets that international investors have now shown, demonstrating their confidence in the UK economy?
- 27 Nov 2025 · Budget Resolutions · Hansard source
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I rise to welcome the Budget, because despite the difficult economic times we are in, the Chancellor has made decisions that are strong, sound and fair. It is a strong budget that more than doubles the fiscal headroom to £22 billion. It is a sound budget that improves the economic efficiency of some of our taxes and maintains our capital investment in the country’s future. It is a fair budget that lowers the cost of living, saving us money on rail fares and energy bills, and raising half a million children out of poverty. First, on the headroom, this Chancellor has the strength to do what previous Chancellors have shied away from doing. Headroom is important to buffer us from the volatility in the global economy. It buffers us against shocks that we cannot predict. I am glad to see that the Chancellor has also followed the International Monetary Fund’s recommendations to assess the fiscal rules annually, which will improve the predictability of policymaking. Yesterday during the Budget debate, the former Chancellor, the right hon. Member for Godalming and Ash (Sir Jeremy Hunt), accepted my intervention. I asked why he had left us with the lowest headroom in the history of the OBR. He said that he did not raise more headroom because he would have had to cut spending or raise taxes, and he was not prepared to do those things. I therefore take it with a pinch of salt when the shadow Chancellor says in this debate that suddenly they have dreamt up plans in the past 12 months in opposition, when they did not have such plans in 14 years of governing. The response of the right hon. Member for Godalming and Ash was that he was not prepared to do the things that were necessary. That is like someone saying to their flatmate that they did not do the washing up because they would have had to tidy up and get their hands wet, and they were not prepared to do those things. He took the weak option. He shied away from making important economic decisions—he left us with his dirty plates—and is now lecturing us about making difficult choices. I am glad of the right hon. Gentleman’s honesty, and his acceptance of my intervention, because it shows us a deeper truth: the previous Tory Government could not cut further, because they had already cut everything they could, and then some, leaving us with courts backlogged for years, prisons overflowing and child poverty at its highest this century. Secondly, this is an economically sound Budget. Different forms of income should not be taxed differently. This is not just about fairness; it is about economic incentives. Landlords should not pay lower effective rates of tax than their tenants, and those who can afford an accountant should not be able to benefit from structuring their income as dividends, thereby paying a lower rate of tax. I welcome the raising of rates on property savings and dividends to make them closer to the rates paid on earned income, reducing the bad incentives to restructure income for tax avoidance. The tax system is not just about raising funds for public services; it is about shaping the economy and building in the right incentives to encourage productive behaviour. I am glad that the Chancellor will reform the system of enterprise investment and venture capital trust schemes and review the tax system’s impact on entrepreneurs. I meet many of them in my constituency in Reading, which is a brilliant place for companies on all scales, from university spin-outs to world-leading giants. We have a particular concentration in life sciences, pharmaceuticals and IT services—services the OBR might be able to benefit from. Whether I am visiting Oxford Quantum Circuits in Thames Valley science park or a blockbuster film set at Shinfield Studios, I see my constituents building the British industries of the future, and when I visit schools, I encourage the schoolchildren to dream big and to take their share of that future. But what of those children? The previous Conservative Government put 700,000 more children into poverty. Almost one in three children are growing up in relative poverty. That is the highest this figure has been this century. In Earley and Woodley, which is easily in the richest fifth of all constituencies in the UK, I get letters from parents who cannot feed their children during the half-term holidays. Because of the Chancellor’s Budget, 1,750 children in my constituency will be lifted out of poverty. The hon. Member for North Cotswolds (Sir Geoffrey Clifton-Brown) said that it was possible to find “cases” of people falling into poverty. I would urge him to look at the figures. Poverty can befall anyone. According to “Understanding Society”, the largest longitudinal household panel study we have, the poverty entry rate—those who start off above relative poverty one year and find themselves impoverished the next—is around 8%, which means that one in 12 of our constituents could, in any given year, find themselves suddenly in dire straits. That could be because of divorce, bereavement, illness, bad health or bad luck, and that is what the social security system is for. Some 70% of children growing up in poverty are in working families. There is something wrong with an economy that produces these outcomes. That is why it is important that this Government are raising the minimum wage and giving workers more power to negotiate their terms in the workplace. At the same time as fixing the foundations, we have to put out the fire on the roof, because poverty is an urgent challenge; if we do not address it now, it threatens to burn the house down. We speak a lot about the post-pandemic cohort of young people who are not in employment, education or training, but why are there so many? This is the austerity generation. New evidence published yesterday by the Work and Pensions Committee shows that individuals exposed to multiple instances of childhood adversity, such as poverty and poor parental health, were five times more likely to be NEET. An estimated 53% of NEET cases today are attributable to persistent poverty and family adversity. Our children are the future of our economy; we have to invest in them and in our future. That is why I am proud to support a sound, strong and fair Budget.
- 26 Nov 2025 · Budget Resolutions · Hansard source
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rose—
- 26 Nov 2025 · Budget Resolutions · Hansard source
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I thank the right hon. Gentleman for giving way. Does he find it fiscally responsible that with his two Budgets, he left us with the lowest amount of fiscal headroom since the OBR was created at £8.9 billion in 2024? Is he proud of that? That left the current Chancellor and this Labour Government a mountain to climb to get us back to £22 billion of solid headroom.
- 26 Nov 2025 · Budget Resolutions · Hansard source
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Given the hon. Gentleman’s interest in the bond yields, will he celebrate with me and other Labour Members today’s rally in yields, as well as the increase in the value of sterling and in the FTSE?
- 26 Nov 2025 · Budget Resolutions · Hansard source
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I, too, very much enjoy reading the Blue Book. While we are talking about our favourite passages, I wonder what the right hon. Gentleman makes of page 29, which says that “persistent weakness in productivity growth relative to the pre-financial crisis period is more likely to reflect underlying structural trends.” What was going on in the 2010s that meant that the structure of the UK economy was so bad?
- 17 Nov 2025 · Settlement: British National Overseas Route · Hansard source
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Reading is proud to be a town of many immigrant diasporas, including Hong Kong BNOs who are seeking refuge here. Many of my immigrant constituents have lived in our community for years, and they work incredibly hard so that they can put down roots, much as my parents did when I was a child. Will the Minister acknowledge the contributions of immigrant families who enrich towns like mine, when making policy about settlement periods?
- 17 Nov 2025 · Settlement: British National Overseas Route · Hansard source
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14. Whether she has made a recent assessment of the potential impact of exempting British national overseas visa holders from the proposed extension of the settlement qualifying period on levels of net migration.
- 23 Oct 2025 · Business of the House · Hansard source
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I have heard from local residents, as well as local refugee charities in Reading, who are all calling for the use of hotels to house asylum seekers to end as soon as possible. That practice began five years ago as a result of the previous Government’s irresponsible build-up of the backlog of claims. Will the Leader of the House set aside time for the Government to update us on the progress that they have already made to speed up claims processing, as well as to set out the timeline for closing down hotels such as the one in my constituency?
- 20 Oct 2025 · Topical Questions · Hansard source
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Last month, I held a SEND community consultation in south-east Reading in my constituency, attended by over 60 parents, children and local experts. We all agreed that the current system is broken, and one of the young people, Megan, spoke about the feeling of being let down by the system and constantly fighting a never-ending battle. Does the Minister agree that too many children are in Megan’s position, and will she set out how the upcoming SEND White Paper will improve the lives of those children?
- 14 Oct 2025 · Middle East · Hansard source
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I deeply welcome this long-awaited ceasefire and the release of the hostages. I thank the Prime Minister and his Ministers for their tireless work and international leadership on this front, including in the upcoming Gaza recovery summit, which is to be held in the UK later this week. I am glad to hear of the Prime Minister’s commitment to reconstruction and aid. I note that recent report of the UN commission of inquiry described how the obstruction of aid getting into Gaza has led to what it calls the “destruction of Palestinians”. What is the current situation for UN agencies’ access to Gaza, and what can we do to ensure that aid flows freely?
- 10 Sept 2025 · Occupied Palestinian Territories: Humanitarian Access · Hansard source
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I thank my hon. Friend for securing this debate. Last night I co-hosted an event in Parliament for Wael al-Dahdouh, the former bureau chief of Al Jazeera in Gaza, whose family members have been killed, and five of whose colleagues were killed during a double strike on a hospital only a few weeks ago that also killed four healthcare workers. Does my hon. Friend agree that the UK Government should stand up for journalists and healthcare workers in Gaza and make sure that their deaths are properly investigated?
- 8 Sept 2025 · Indefinite Leave to Remain · Hansard source
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My hon. Friend’s stories remind me of stories that I hear in Reading, in my Earley and Woodley constituency. Angie is a nursing associate in the NHS, and her daughter wishes to study paramedic science and also work in the NHS. However, for that to happen, Angie’s daughter needs a route to settlement in order to be eligible to pay home student fees. Does my hon. Friend agree that families like Angie’s need certainty and stability from the Minister and our Government?
- 3 Sept 2025 · Property Taxes · Hansard source
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The right hon. Gentleman has spent the past five minutes circling around figures gathered by a consultancy that aids the super-wealthy to migrate from this country. Where is the Conservative party getting its economic ideas from? It speaks volumes that he has spent so much time up to this point speaking for the 15,000 high net worth individuals served by that consultancy; and his previous point was about inheritance tax, which is paid by only 4% of all estates in the UK. If he has any ideas, what will the Conservative party do to grow the economy for the benefit of all people in this country?
- 3 Sept 2025 · Topical Questions · Hansard source
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T4. Will the Minister join me in congratulating Reading’s University Medical Group, a GP practice in my constituency that was recently awarded the gold Pride in Practice award by the LGBT Foundation? When I visited that practice last week, the doctors raised the issue of transgender care. Many constituents have also written to me concerned about ongoing barriers to treatment for young people needing gender-affirming care, so what more can the Government do to ensure that young transgender people get the treatment they urgently need?
- 1 Sept 2025 · Middle East · Hansard source
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I strongly welcome the Foreign Secretary’s historic move to recognise the state of Palestine and thank him for all the work he has done to progress this issue. While we follow the news from Gaza, let us remember the journalists who have risked their lives to bring us the news. My constituent, the former managing director of Al Jazeera English, is now mourning the deaths of six of his former colleagues in a targeted attack. I, too, am awaiting news from my former Financial Times colleague, who is still stuck in Gaza, where he is starving and at risk. Will the Foreign Secretary meet me and other media stakeholders to discuss how we can work together to progress evacuations and support our journalists on the ground?
- 21 Jul 2025 · Independent Water Commission · Hansard source
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I very much welcome the Secretary of State’s focus on protecting water customers, because my constituents and I have seen our Thames Water bills go up dramatically. We want to know that those bill increases are going towards improving the infrastructure and customer service, as opposed to payouts to bosses that happened so much under the regulator’s watch. I have a meeting with Thames Water bosses in their Reading headquarters next week. Following that meeting, will the Secretary of State meet me and fellow Labour MPs working on the issue to discuss how we can better hold Thames Water to account on behalf of all our constituents?
- 8 Jul 2025 · Football Governance Bill [Lords] · Hansard source
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The approach of the Conservative party here and in the Lords has been to delay this Bill and any progress made on regulation for far too many months, during which my club has struggled to go on without any independent regulation. I would like to see some reflection from Conservative Front Benchers about what that means not just for Reading, but for many clubs that are waiting for the regulator to come in. Let Reading be one of the last clubs that have to fight this hard to survive, and let this Bill be the turning point. Let us do what the shadow Minister, the right hon. Member for Daventry (Stuart Andrew), has said: let us crack on with this Bill.
- 8 Jul 2025 · Football Governance Bill [Lords] · Hansard source
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My hon. Friend talks eloquently about the need for better regulation. We have just heard that he is a fan of Banbury United and that my hon. Friend the Member for Dartford (Jim Dickson) is a fan of Crystal Palace. Does that not show that there is complete agreement across the football pyramid that there needs to be better regulation in football and that that would benefit all levels of the game?
- 8 Jul 2025 · Football Governance Bill [Lords] · Hansard source
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My hon. Friend makes a very good point. I am very surprised to see Conservative Front Benchers whipping their colleagues to oppose a Bill that they had previously introduced in part and supported. We had built a cross-society consensus because of the work of Dame Tracey and many others like her, and we should respect that work and the importance of regulating football so that it is financially sustainable.
- 8 Jul 2025 · Football Governance Bill [Lords] · Hansard source
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Let me begin by drawing the House’s attention to my entry in the Register of Members’ Financial Interests. I rise to speak today with a sense of relief, because Reading football club has finally been sold. I was one of thousands in the stadium in my constituency during the May bank holiday weekend when we heard that the sale had finally gone through. The relief and joy in the crowd were palpable, and we all chanted, “We’ve got our Reading back.” It was the last game of the season, and because the Minister, my hon. Friend the Member for Barnsley South (Stephanie Peacock), is present on the Front Bench, I will not mention the score. As well as the relief about the sale, however, I share fans’ deep frustration, because we should never have had to fight so hard to save our club. I am so glad to welcome a number of Reading fans who are sitting in the Gallery, having travelled to Parliament to witness this historic piece of legislation. Just a few short months ago, our club—one of the oldest in English football—was on the brink of expulsion from the English football league. Its decline was driven by governance failure, absentee ownership and the ultimate toothlessness of the existing regulation. We were so close to losing our club, not just to relegation but to administration or even insolvency. In the worst weeks, it seemed that I was calling the EFL and prospective bidders and other stakeholders almost every other day trying to find a solution. Thankfully, our club was finally sold, but it could so easily have gone the other way—and for too many clubs, such as Bury and Macclesfield, it has gone the other way. More than 50 clubs in the top six tiers of the English men’s game have gone into administration since 1992, which shows that the game is in deep need of repair and of independent regulation. Even today clubs such as Sheffield Wednesday suffer from similar issues, and I pay tribute to all my Labour colleagues in that city who are fighting so hard for their club, as well as my hon. Friend the Member for Morecambe and Lunesdale (Lizzi Collinge) and many other Members across the House. Yet it should not be up to MPs and fans to mount rescue campaigns. Fans should not be the ones organising petitions, staging protests or becoming forensic accountants to hold the owners to account. Yet Reading fans did everything, from marching in the streets to working with Members from across the House. Over 10,000 fans signed my petition to hold an inquiry into Reading’s absent owners, and many came to watch the Westminster Hall debate that I led in March. I even had the assistance of fans when poring over the complex corporate structure of Reading football club in the hope of finding a legal solution. Meanwhile, I relentlessly pestered Ministers, spoke to the EFL, and met the shadow regulator. I want to say a big thank you to the Sell Before We Dai campaign, the Supporters Trust at Reading, the non-governmental organisation Fair Game, and all the MPs from all parties who worked alongside us. The burden placed on supporters by all this was enormous, emotionally, financially and physically. Fans should not have to go through this: we need stronger and smarter regulation. As I have said before, any regulator must pass the Reading test. That means having the power to disqualify unfit owners and, crucially, to force a sale when a club’s future is at risk. I thank the Minister for her constructive and serious engagement throughout the Committee consideration. I was especially glad to hear her strong responses to the amendments tabled in Committee by my hon. Friend the Member for Sheffield South East (Mr Betts) on the regulator’s powers to force divestment from unsuitable owners, and, having read her on-the-record responses, I am grateful for her clarification. She explained, for instance, that the regulator may appoint an interim officer to assist a club to operate effectively in the owner’s absence; may require a club to change its constitution if that is the most appropriate way to secure an unsuitable owner’s removal; and may, in the most extreme cases, force a rogue owner to divest at no minimum price, directing that owner to take no part in the running of the club in the meantime. I hope that the Minister will reaffirm those points in her winding-up speech today, to make it clear to all that the Bill does pass the Reading test. This Bill has been a long time coming, and I thank everyone who worked on it, including those in the previous Government under the leadership of Dame Tracey Crouch and her fan-led review, as well as the previous Secretary of State and Minister for Sport. I am incredibly relieved that the Bill is here, and it reflects the broad cross-society consensus, and what was until very recently a cross-party consensus, that we need this regulation, which is sorely lacking from the game.
- 7 Jul 2025 · Giving Every Child the Best Start in Life · Hansard source
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I hear the most thought-provoking questions from my youngest constituents. On a recent visit to an infant school, a six-year-old asked me what I thought the Government’s most important achievements might be. Today, I would like to tell her that our two local authorities, Wokingham and Reading borough councils, which previously received no family hub funding, are each set to receive a Best Start family hub. That is one of the most important achievements a Labour Government can make. The Institute for Fiscal Studies is clear about the evaluation and the long-term economic benefits; will the Secretary of State ensure that economic evaluation is baked in, so that we can ensure that these projects are funded for the long run?
- 7 Jul 2025 · Government Performance against Fiscal Rules · Hansard source
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As my hon. Friend the Member for Loughborough (Dr Sandher) mentioned, there were seven different sets of fiscal rules under the previous Government. The shadow Chancellor, the right hon. Member for Central Devon (Sir Mel Stride), has announced that he has reflected on the mistakes made by the Truss Government and I am sure that international investors watching what is happening in the Commons would like to see sensible debate from all parties in the Chamber on the most critical challenge facing our times. Will the Chief Secretary therefore set out the important ways in which capital investment unlocked under these fiscal rules are allowing for economic growth and development?
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