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MPs' banking probe hits Belfast MPs' banking probe hits Belfast
(about 5 hours later)
The Treasury select committee is due to hold the first of a series of meetings outside London as part of its inquiry into the banking crisis. The Treasury select committee is holding the first of a series of meetings outside London as part of its inquiry into the banking crisis.
MPs will hear from members of the public in Belfast, who have been granted an open invitation to describe their personal experiences. MPs have been hearing from members of the public in Belfast, who responded to an open invitation to describe their personal experiences.
The meeting at Stormont is expected to be informal, with up to 60 people taking part in a 45-minute session. The MPs will also meet with politicians and lobby groups at Stormont.
Those attending are likely to air their concerns about personal finance. Committee chairman John McFall said: "We feel it's important to gather a perspective from around the country."
Issues affecting business are also expected to be raised, said BBC correspondent Chris Page. The Labour MP said the committee has already gathered more than 50 hours of evidence during sessions in London.
Personal finance was expected to be high among people's concerns at the informal meeting.
"I think the biggest issue facing the economy is the freezing of credit and the need to restore bank lending, and we want to hear people's experiences," he said.
Details of further committee sessions outside London are yet to be announced, but are likely to be held in Scotland and Yorkshire.Details of further committee sessions outside London are yet to be announced, but are likely to be held in Scotland and Yorkshire.
The move out of the capital follows Gordon Brown's decision to hold two Cabinet meetings last year outside Westminster.The move out of the capital follows Gordon Brown's decision to hold two Cabinet meetings last year outside Westminster.
Ministers convened in Birmingham last October in the first Cabinet meeting away from London or Chequers since 1921, before visiting Leeds the following month.Ministers convened in Birmingham last October in the first Cabinet meeting away from London or Chequers since 1921, before visiting Leeds the following month.