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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Sunday's Pollen for the North East region
Cladding from high-rise flats in 25 local authority areas has now proved to be potentially flammable in the urgent safety review.
Police have shed further light on the crash, which took place in Newcastle while people were celebrating Eid.