Newcastle City Council is one of several local authorities that have invested in the payday loans company, Wonga, despite it campaigning against the company for years.
Local councils have invested nearly a quarter of a million pounds of their pension funds with the controversial company.
Newcastle's council leader has told Tyne Tees that he would be getting fund managers to review the portfolio.
But as Dan Ashby reports, it may not be that simple.
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