In July 2009, the US bank Goldman Sachs reported a net profit of $3.44 billion (£2.1 billion) for April to June. The bank said it had set aside $6.65 billion for pay and bonuses in the quarter — an average of $226,000 per employee. Goldman had recently paid off $10 billion of government loans it had taken as part of the US government bail-out programme. Some critics questioned whether it was right that a bank make such profits and pay hefty bonuses so soon after receiving government loans. The view of Goldman’s chief financial officer was: ‘We are helping the economy to recover.’
In August 2009, the final television set to be produced in the UK came off the production line at Toshiba’s factory in Plymouth. This ends the history of television manufacturing in the UK. Toshiba is closing its Plymouth factory as it is cheaper to produce sets in Poland.
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