The cost of saving Northern Rock could cost the tax payer £2billion, according to a report from the Commons Public Accounts Committee.
The Newcastle-based bank got into difficulties in 2007 when it became the first bank in 150 years to suffer a run during the then financial crisis.
Margaret Hodge, the committee's chair, has said the then Labour government took too long before deciding to nationalise the bank in February 2008.
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A school in Northumberland is taking part in a sleep study after Oxford scientists warn many teenagers are sleep deprived.
Junior Doctors across the region are set to go on strike this morning after talks with the Government failed to reach an agreement.
North Yorkshire County Council has decided that controversial proposals to close Eskdale School will now go to consultation.