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:up: 'Give way' is used in Parliament, and quite often in other contexts. If the chairman has just introduced the main speaker s/he will often say 'So, without more ado, I'll hand the meeting[/floor/podium/lectern - depending on context] to ...<name>' or just 'I'll leave you in the capable hands of ....<name>'. If the context is a debate, one speaker 'yields/cedes/surrenders the floor to <name>'. But I think 'give way to' is probably the most common.