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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Icy first thing and windy, with wintry showers lingering further south, especially at the coast. Brighter elsehwere
Emma brings you Saturday's forecast
Longest spell of winter so far. Bitterly cold with further wintry showers