Newcastle City Council says that its pension fund does invest in the payday loan company Wonga, but it has no control over it.
It added that the council has voiced its dislike that the pension fund invests in companies which it believes 'harms the city'.
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A dry day with bright or sunny spells. Rain comes through overnight into Sunday morning, before drier yet fresher weather develops
A look ahead at the forecast for the Tyne Tees region.
A businessman who ran three international export companies from his County Durham home has been jailed after an investigation by HMRC