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.
More top news
Mr Corbyn beat Owen Smith in a landslide victory and immediately called for those MPs who had tried to overthrow him to now back him.
It's been revealed it cost £4.5 million to restore 'Flying Scotsman' and return the iconic steam legend to the tracks.
Emma brings you Saturday's forecast for the Tyne Tees region