The government has announced that the North East's most important rail route will be run by a private company within two years time.
Bidding opened today for the East Coast mainline, and already Virgin Trains has expressed an interest.
Our correspondent Dan Ashby joined Pam in the studio to explain more about what the move to privatisation could mean for the North East.
More top news
The Met office has issued a weather warning for snow and Ice, threatening the return of the so-called 'Beast from the East'.
The Met Office predicts the region will be hit by localised heavy snow showers over the weekend with snowfall of up to 15cms in some areas.
A dozing burglar was caught in the act when he was found sleeping behind the bar of the nightclub he’d broken into.