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.
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The Met Office have issued a yellow "Be Aware" warning of strong winds for the region for Sunday into Monday
Emma Jesson brings you Saturday night's forecast
Christmas Eve could be rather frosty and at present, Christmas Day looks like being cold and clear with one or two wintry showers