Business Development Manager Jobs in the UK

1 to 25 of 1,651 Business Development Manager Jobs in the UK

Business Development Manager

London, England, United Kingdom
Hybrid / WFH Options
Planet
Join to apply for the Business Development Manager role at Planet 1 day ago Be among the first 25 applicants Join to apply for the Business Development Manager role at Planet Get AI-powered advice on this job and more exclusive features. About Us Planet is a leading technology company transforming payments by putting … a world of connected commerce where payments are simple, secure, and seamless, enabling our partners to deliver exceptional experiences to their customers. Role Overview This is a 100% new business sales role with primary focus on building strong relationships with decision makers in Retail, Hospitality and F&B segments, in particular merchants with strong international footfall. The goal is … secure a high customer stisfaction. What You Will Do Lead the review and segmentation of opportunities in the Retail, Hospitality and F&B Sectors and the building of commercial business cases to support investments. Build an annual Sales Development plan. Develop and nurture a pipeline of business opportunities. Achieve and exceed monthly, quarterly and annual new business More ❯
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Business Development Manager - Digital Solutions

London, United Kingdom
Michael Page (UK)
join a rapidly growing global tech business as first on the ground UK sales Fantastic earning potential selling a product with a proven delivery function About Our Client My client is a globally recognised IT company delivering end-to-end digital solutions across diverse industries. Founded in 2010 and headquartered in India, the client specialises in custom software development, web and mobile app development, UI/UX design, digital marketing, and IT consulting services. Job Description As the Business Development Manager, you will have the following key responsibilities: Identify and pursue new business opportunities through cold outreach, inbound leads, networking, and events. Understand client needs and propose software solutions that align with their … pipeline status. Build and nurture long-term relationships with prospective and current clients. Stay up to date with industry trends, competition, and emerging technologies. The Successful Applicant The successful Business Development Manager candidate will have the following: Proven experience in B2B sales, ideally in the tech or software development sector. Strong understanding of software development More ❯
Employment Type: Permanent
Salary: GBP Annual
Posted:

Business Development Manager

London, United Kingdom
Hybrid / WFH Options
Planet Paymet
Business Development Manager page is loaded Business Development Manager Apply locations London - UK time type Full time posted on Posted Yesterday job requisition id JR09763 About Planet: Planet is a global provider of integrated technology and payments solutions for retail and hospitality customers. We create great experiences for the millions of people who use … in London, today we have more than 2,500 employees located across six continents serving our customers in more than 120 markets. Role Overview This is a 100% new business sales role with primary focus on building strong relationships with decision makers in Retail, Hospitality and F&B segments, in particular merchants with strong international footfall. The goal is … secure a high customer stisfaction. What you will do Lead the review and segmentation of opportunities in the Retail, Hospitality and F&B Sectors and the building of commercial business cases to support investments. Build an annual Sales Development plan. Develop and nurture a pipeline of business opportunities. Achieve and exceed monthly, quarterly and annual new business More ❯
Employment Type: Permanent
Salary: GBP Annual
Posted:

Business Development Manager (UK) (Digital Media Sales) London, England, United Kingdom

London, England, United Kingdom
Fortune
Business Development Manager (UK) (Digital Media Sales) London, England, United Kingdom Fortune is a 94-year-old brand renowned for its deep-rooted journalism and business acumen and now as a digital-first powerhouse. We cover the largest companies in the world (the Fortune 500), the problems they face (or cause), and the people addressing them. … comes to our content via digital, lists, print, and live media. We are profitable and growing. Join our team as we expand our footprint in the UK and Europe. Business Development Manager (UK) Job Overview Fortune seeks a highly motivated, dynamic, and experienced Business Development Manager (UK) to join our Sales team in London. … As a Business Development Manager, you cultivate new business opportunities and expect to achieve quarterly and annual sales targets. You will work collaboratively with the UK/Europe team and closely with our London and New York City-based marketing teams to develop digital media proposals and pricing for prospective clients. What You'll Bring to More ❯
Posted:

New Business Sales Development Manager

London, England, United Kingdom
Hybrid / WFH Options
Moneyhub
This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board. New Business Sales Development Manager New Business Sales, SaaS Sales, Enterprise Sales, Hybrid London Who are we? Moneyhub empowers financial services firms with complete, detailed, and real-time insight into their customers' financial needs and status … leading banks, insurers, asset and wealth managers, pension companies, financial advisors, and fintechs to enhance financial outcomes for their clients. We are looking for a dynamic and driven New Business Sales Person to join our team and play a crucial role in our continued success, driving significant revenue growth through new business contracts. Someone willing to back themselves … through to rigorous What do we offer? We have offices in London and Bristol together with access to co-working space. We offer the opportunity to work remotely (role, business and client dependent) with support for your home office set-up if required. We have regular all company away days and other company, client and team meetings, your attendance More ❯
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Business Development Manager

Sittingbourne, England, United Kingdom
Hybrid / WFH Options
Accelero
Job Title: Business Development Manager – SaaS Location: Sittingbourne – Hybrid (4 days in office, 1 day remote, UK travel required) Salary: £45,000 to £60,000 + Uncapped Commission About the Role: We’re partnering with a fast-growing SaaS provider in the fleet and logistics space to find a driven Business Development Manager . … This is a high-impact role focused on identifying, engaging, and converting new business opportunities across key verticals. Key Responsibilities: Own the full sales cycle from prospecting to closing Identify and pursue new business opportunities in fleet, logistics, and rental sectors Build strong relationships with key decision-makers and stakeholders Deliver tailored product demos and proposals to prospective … inform commercial strategy What We're Looking For: Proven success in B2B SaaS sales, ideally in tech or logistics Strong hunter mentality with a track record of closing new business Excellent communication, negotiation, and presentation skills Commercially minded with a strategic approach to sales Proficient in CRM tools (e.g., Salesforce, HubSpot) Self-motivated and adaptable in a fast-paced More ❯
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Business Development Manager

United Kingdom
Employal
Business Development Manager Remote (must live in the East Midlands) £28,000 - £33,000 Car Allowance, OTE £55,000 Are you looking for a role that can offer you full autonomy? No micromanagement, just the training and equipment you need to be a successful Business Development Manager? My client is a market leader, providing … the field is preferred however if you are in a Sales Executive, BDE, or similar role, we would like to hear from you! The role Identify and pursue new business opportunities across strategic sectors and regions. 70% cold and 30% warm leads. Develop and maintain strong relationships with key stakeholders and decision makers. Territory management, attending prebooked appointments but … also confidence enough to simply show up . Formulate and execute targeted sales strategies to achieve and surpass revenue goals. Conduct detailed market research and competitive analysis to inform business development efforts. Collaborate with the marketing team to align sales initiatives with promotional campaigns. Represent the organisation at industry events, trade shows, and professional networking functions. Prepare and More ❯
Employment Type: Permanent
Salary: GBP 28,000 - 33,000 Annual
Posted:

Business Development Manager (German Speaking)

Belfast, United Kingdom
Hybrid / WFH Options
Signatus Recruitment
Business Development Manager (German Speaking) Belfast Our client, a global educational and technology company, is looking to recruit a Business Development Manager (German Speaking) into their growing team. If you consider yourself to be an outstanding salesperson, one with drive, expertise, and ambition, then you will relish this role. We are looking for the … Business Development Manager (German Speaking) to have some experience ideally from a learning technologies B2B software sales background. What will I be doing? With overall responsibility for creating a new business acquisition strategy across multiple regions, this is a very important role in helping the company deliver on its existing sales strategy. You will have the … significant sales pipeline. This will only be achieved through your deep understanding of customer needs across Germany, Austria, and Switzerland. Within the role, you will have responsibility for new business customer acquisitions, lead generation, responding to inbound queries, writing tender proposals, and delivering on targeted campaigns. Ultimately reporting to a head of sales, you will regularly work with a More ❯
Employment Type: Permanent
Salary: GBP Annual
Posted:

Business Development Manager

London, England, United Kingdom
Hybrid / WFH Options
Verdantix Ltd
Business Development Manager - Research, Advisory & Data Verdantix Greater London, England, United Kingdom Business Development Manager - Research, Advisory & Data Verdantix Greater London, England, United Kingdom 2 weeks ago Be among the first 25 applicants This range is provided by Verdantix. Your actual pay will be based on your skills and experience — talk with your recruiter … fast-growing company at the forefront of the sustainability movement and help businesses around the world accelerate their journey to a carbon-neutral future. We’re looking for a Business Development Manager to play a key role in growing our client base for high-impact research, data, and consulting solutions. If you thrive in a collaborative, agile … firms and relationships with senior managers in corporate positions Identifying custom research and consulting opportunities that address prospective clients challenges Managing the end-to-end sales process from name development, prospecting, in person meetings, proposal writing and contracting Forecasting bookings and undertaking detailed planning to achieve quarterly and annual bookings targets Drafting high-quality proposals aligned with customer requirements More ❯
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Business Development Manager - Cyber Security

Nuneaton, Warwickshire, United Kingdom
Hybrid / WFH Options
Fuel Recruitment Limited
Business Development Manager Our client provides computer forensics, mobile phone forensics and cell site analysis to the legal sector, police forces, local authorities, and commercial organisations. The organisation also provides Cyber Security services, e-discovery services and digital investigations services to a wide variety of customers and maintains specialist teams to deliver these services. The Location Warwickshire. … The Position During an exciting period of growth, our client looking to hire a Business Development Manager to join the existing Team. The Business Development Manager will be responsible for broadening our reach to new contacts and organisations and nurturing contacts. It will involve working on new sales channels and territories and establishing brand … has a warm and enthusiastic personality and the ability to talk to anyone. The candidate should be organised, effective with a positive outlook and an engaging personality. Key Responsibilities Business Development: Identify, target, and engage potential clients through outbound campaigns, cold outreach, referrals, and networking. Client Engagement: Work closely with clients to understand their investigation needs and provide More ❯
Employment Type: Permanent
Salary: GBP 35,000 - 45,000 Annual
Posted:

Business Development Manager

London, United Kingdom
Inscapers
expansion reflects our commitment to delivering innovative, results-driven solutions while building strong, trusted relationships with our clients worldwide. Job Summary: We are looking for a sharp, highly-driven Business Development Manager to lead our growth initiatives in the United States, starting from our San Francisco office. This role is ideal for a strategic thinker and persuasive … communicator who can spot and seize business opportunities, close high-value deals, and build long-term partnerships. You'll work closely with the leadership and marketing teams to position INSCAPERS as a top-tier digital partner for U.S.-based businesses. Responsibilities: Identify, pursue, and close new business opportunities through strategic outreach, networking, referrals, and inbound lead qualification. Build … campaigns, and lead generation efforts. Represent INSCAPERS at networking events, industry conferences, and client meetings across the U.S. Continuously analyze market trends, competitor offerings, and industry shifts to adjust business development strategies. Provide detailed reports on sales metrics, conversion rates, and pipeline forecasts to senior leadership. Maintain strong post-deal relationships with clients to ensure a successful hand More ❯
Employment Type: Permanent
Salary: GBP Annual
Posted:

Regional Business Development Manager, UK & Europe

England, United Kingdom
Scendea
The Role Scendea is seeking a high-performing, self-motivated, Regional Business Development Manager, UK & Europe, to join our global team, based in the UK and affiliated to our Bishop's Stortford office, who can demonstrate an excellent track record of success in a Life Sciences environment. The role will require close collaboration with the internal team … to develop new sales opportunities and deliver prospective clients for product development and regulatory strategy services. At Scendea, we believe that a successful salesperson establishes strong connections with new customers, understands, and helps define client requirements, and builds long-lasting, customer-focused relationships. As the Regional Business Development Manager, it will be your responsibility to penetrate … and competence in selling consulting services or solutions to the Life Sciences industry is required. Our ideal candidate is someone with a good working knowledge of the therapeutic product development process from early development to market approval and a strong understanding of the context of how regulatory strategy informs development. This role offers an excellent opportunity for career More ❯
Employment Type: Permanent
Salary: GBP Annual
Posted:

Business Development Director/Manager, Europe Ref. 186 B IRBM, Business Development Unit

United Kingdom
Hybrid / WFH Options
IRBM S.p.A
Business Development Director/Manager, Europe IRBM, Business Development Unit IRBM is a scientific contract research organization (CRO) that stands at the forefront of drug discovery, leveraging a single, unified research facility, located in Pomezia (Rome), Italy, to accelerate team-based breakthroughs and improve efficiencies from initial concept to pre-clinical candidate. With a history … milestones and progressing towards clinical readiness, positioning IRBM as a major player in driving innovation in the pharmaceutical and biotech fields. IRBM Group also has a GMP - certified Contract Development and Manufacturing Organization (CDMO), ADVAXIA Biologics. ADVAXIA is authorized to produce investigational medicinal products by the Italian National Regulatory Authority (AIFA) and is compliant with the FDA and EMA … regulatory guidelines. Job Description We have several openings for talented and highly motivated EU based Business Development Directors to join the Company and support our expanding business and scientific efforts. The selected candidates will be responsible for developing and fostering relationships with key decision-makers at Biotech and Pharmaceutical companies and Not-For-Profit Organizations to secure More ❯
Employment Type: Permanent
Salary: GBP Annual
Posted:

Business Development Manager / Senior Business Development Mananger

London, England, United Kingdom
TerraPay
. Click here to see what our employees feel about TerraPay. Stay connected with TerraPay on LinkedIn . Requirements Location: London, UK/Anywhere in Europe Role overview: The Business Development (BD) Manager will spearhead the search for new customers and partners across UK, focusing on global money movement. As a sole contributor, the individual must be … passion and commitment to achieving results. This role requires a hands-on approach, involving deep engagement in execution and leading from the front. How you will create impact: The Business Development (BD) Manager will significantly impact TerraPay's growth and presence across the UK through the following key responsibilities: Strategic Sales and Development : Owning, crafting and … implementing a comprehensive sales and business development strategy for TerraPay, driving expansion and market penetration in the UK region. Sales Cycle Management : Overseeing the entire sales process—from lead generation and account management to closing deals with C-suite executives—ensuring efficient and effective execution. Partnership Development : Building and nurturing strategic relationships with fintechs, money remittance companies More ❯
Posted:

Business Development Manager / Software Sales Manager

Woking, Surrey, South East, United Kingdom
Hybrid / WFH Options
Phillips Grant Associates Ltd
an entrepreneurial, energetic, and success-driven professional looking to take your career to the next level? A market-leading, AI-powered customer and employee experience solutions provider is seekingBusiness Development Managerto join their expanding team. This fast-paced, dynamic role offers an exciting opportunity to sell enterprise level digital transformation solutions to C-level executives and key stakeholders across … organizations. Youll also have the chance to contribute to a company with a strong social impact mission, particularly public sector. Key Responsibilities As a Business Development Manager, you will take full ownership of the sales cycle, from prospecting to closing. Your key tasks will include: New sector development: Expanding the company's Local Gov sector footprint. … of lives. The company provides: Circa 50-60k per annum basic Double OTE. Uncapped earnings potential. Hybrid working. 3 days a week minimum. A collaborative, entrepreneurial culture. Career development opportunities within a market-leading organization. A commitment to ethical practices and accessibility for all. More ❯
Employment Type: Permanent, Work From Home
Posted:

Business Development Manager - Hybrid Mail

Liverpool, Lancashire, United Kingdom
Hybrid / WFH Options
Aim Search (UK) Ltd
Business Development Manager Hybrid Mail/Digital Transformation Homebased Excellent package We are seeking a highly motivated and results-oriented Business Development Manager/Sales Manager to join our prestigious client to promote their Digital Post Room and Hybrid Mail solutions. You will be responsible for identifying and developing new business opportunities … and driving sales growth. The ideal candidate will have a strong understanding of digital transformation trends and a passion for helping businesses improve their document management processes. About the Business Development Manager opportunity: • Identify and qualify new business opportunities: Prospect and generate leads through various channels, including cold calling, email marketing, networking, and attending industry events. … selling. • Market knowledge: Stay up-to-date on industry trends and competitor offerings. • Reporting: Maintain accurate records of sales activities and provide regular reports to management. About the successful Business Development Manager: • Proven track record of success in B2B sales, preferably in the document management or software industry. • Strong understanding of digital transformation trends and the benefits More ❯
Employment Type: Permanent
Salary: GBP Annual
Posted:

Business Development Manager - Hybrid Mail

Liverpool, England, United Kingdom
Hybrid / WFH Options
Aim Search (UK) Ltd
Business Development Manager | Hybrid Mail/Digital Transformation | Homebased | Excellent package We are seeking a highly motivated and results-oriented Business Development Manager/Sales Manager to join our prestigious client to promote their Digital Post Room and Hybrid Mail solutions. You will be responsible for identifying and developing new business opportunities … and driving sales growth. The ideal candidate will have a strong understanding of digital transformation trends and a passion for helping businesses improve their document management processes. About the Business Development Manager opportunity: • Identify and qualify new business opportunities: Prospect and generate leads through various channels, including cold calling, email marketing, networking, and attending industry events. … selling. • Market knowledge: Stay up-to-date on industry trends and competitor offerings. • Reporting: Maintain accurate records of sales activities and provide regular reports to management. About the successful Business Development Manager: • Proven track record of success in B2B sales, preferably in the document management or software industry. • Strong understanding of digital transformation trends and the benefits More ❯
Posted:

Business Development Manager - Commercial Vehicle Sector

London, United Kingdom
Recruitment Avenue
Job Title - Business Development Manager - Commercial Vehicle Sector Job Location - East London Salary - £35k basic with a £70k OTE plus company car The business has developed a range of products suitable for the needs of Small to Medium sized businesses (SME). Through your proactive approach, you will identify companies with a rental requirement, create interest … in our service offering, and deliver its value. Reporting to the Specialist Vehicle Director and working in a professional, fast-paced environment, the Business Development Manager will be responsible for generating new sales within the SME sector. Based in East London, the Business Development Manager position is an integral part of the sales team … company car, sales bonuses for achieving individual targets, and additional benefits. Key Responsibilities: Prospecting, signing, and managing accounts effectively and profitably to achieve monthly revenue and on-hire targets. Development and growth of new business. Work with the Van, hub, and super site network to increase the quality and volume of leads and identify field-based opportunities. Develop and More ❯
Employment Type: Permanent
Salary: GBP Annual
Posted:

Business Development Manager (SME)

London, United Kingdom
Recruitment Avenue
Job Title - Business Development Manager (SME) Job Location - London and the South East Salary - £30k - £35k basic with a £60k OTE The Business Development Manager position is an integral part of the sales team driving the growth of the SME sector. Our client is a global leader in car and van hire and have … over 3800 worldwide stores. They have over 60 years of experience in the industry. The business has developed a range of products suitable for the needs of Small to Medium sized businesses (SME) and through your proactive approach you will identify companies with a rental requirement, create interest in their service offering and deliver its value. Reporting to the … National Sales Manager, working in a professional fast paced environment the Business Development Manager will be responsible forgenerating new sales within their geographical territory and evolving them into long term profitable relationships. This is a vital and demanding role within the business and calls for a high energy, sales orientated and 'hungry' individual. The role More ❯
Employment Type: Permanent
Salary: GBP Annual
Posted:

Business Development Manager (B2B)

London, United Kingdom
Recruitment Avenue
Job Title - Business Development Manager (B2B) Department/Sector - Sales Job Location - London Salary - £28k - £38k basic with a £60k OTE Based in the London area, this Business Development Manager position is an integral part of the sales team driving the growth of the SME sector within the car hire sector. In the role … professional fast paced environment and will be responsible for generating new sales within the SME sector in your geographical territory and evolving them into long term profitable relationships. The business has developed a range of products suitable for the needs of Small to Medium sized businesses (SME) and through your proactive approach you will identify companies with a rental … requirement, create interest in the service our client is offering. This is a vital and demanding role within the business and calls for a high energy, sales orientated and 'hungry' individual. The role is split 90/10 between new business and account management. Responsibilities: Prospecting, signing and managing accounts effectively and profitably to achieve monthly revenue targets More ❯
Employment Type: Permanent
Salary: GBP Annual
Posted:

Business Development Manager

City, Birmingham, United Kingdom
Bennett and Game Recruitment LTD
energy. With a strong commitment to safety, innovation, and customer satisfaction, the company operates across multiple locations, delivering reliable and sustainable lifting solutions. We are seeking a results-driven Business Development Manager to drive growth, identify new opportunities, and build strategic partnerships in the lifting and construction services sector across the UK. This role requires a proactive … client-focused professional with strong market insight and commercial acumen. You will play a key part in expanding our presence and supporting long-term business objectives. Business Development Manager Job Overview Identify and pursue new business opportunities to expand market share across target regions and sectors. Develop and maintain strong relationships with key clients, partners … Prepare accurate forecasts, reports, and performance analysis to support management decision-making. Represent the company at industry events, trade shows, and networking functions to enhance brand visibility and credibility. Business Development Manager Job Requirements Proven experience in business development, sales, or commercial roles, preferably within construction, industrial services, or related sectors. Strong understanding of B2B More ❯
Employment Type: Permanent
Salary: GBP 55,000 - 60,000 Annual
Posted:

German Speaking Business Development Manager (SaaS)

United Kingdom
Red King Resourcing
As a Business Development Manager, you will be responsible for identifying new business opportunities, building strong relationships with prospective clients, and driving the full sales cycle from lead generation to deal closure. You'll collaborate closely with marketing, product, and customer success teams to ensure a seamless customer experience and strong market presence. Identify, qualify, and … functional teams to feedback on market trends and customer needs Represent the company at industry events, conferences, and networking functions Fluent in German (C2/native level) and English (business proficiency) 3+ years of experience in business development, sales, or account management in a SaaS or B2B tech environment Proven track record of meeting or exceeding sales More ❯
Employment Type: Permanent
Salary: GBP 60,426 - 69,059 Annual
Posted:

New Business Development Manager

London, United Kingdom
Paradigm Employment Services
New Business Development Manager A truly exciting opportunity has arisen for a New Business Development Manager to join one of the UK's fastest-growing beauty and supplement providers, based in London. Our client is a market leader, introducing pharmaceutical and healthcare products manufactured in Europe and Japan to the UK market. They are … now expanding into Saudi Arabia and are looking for a self-sufficient Business Development Manager to lead the charge We are eager to speak with exceptional individuals that are self-motivated, result driven and has proven technical skills in sales sector. Someone who is looking for an opportunity to bring fresh new ideas and has a desire … to progress in their career, taking on more responsibilities and becoming a future industry leader. Main Responsibilities for the successful New Business Development Manager: This is a front-line, customer-facing, role that will see you building and maintaining strong relationships with existing and potential clients. Be a primary point of contact for assigned client accounts, addressing More ❯
Employment Type: Permanent
Salary: GBP 40,000 Annual
Posted:

Business Development Manager

London, England, United Kingdom
Hybrid / WFH Options
C-Link
and lead generation platform for subcontractors With ambitious growth plans and a mission to redefine procurement in the construction industry, we are expanding our team and looking for a Business Development Manager (BDM) to drive new business opportunities, develop strategic relationships, and secure multi-year SaaS contracts. The Role As a Business Development Manager, your primary focus is new business development, targeting main contractors in our Ideal Customer Profile (ICP) (£20 million to £100 million turnover) and Tier-1 contractors (£100 million+ turnover). Reporting to the Chief Revenue Officer (CRO) and working closely with our Sales Development Representative and marketing teams, you will generate, qualify, and close opportunities, progressing … inbound marketing channels Conduct detailed qualification using a structured methodology to ensure prospects align with our ideal customer profile Manage deals from discovery to close, including running demos, proposal development, and contract negotiation Develop strategic account plans to land and expand within key target accounts CRM & Forecasting - Maintain accurate pipeline tracking in HubSpot CRM, ensuring weekly forecasting and KPI More ❯
Posted:

Business Development Manager

South East London, England, United Kingdom
Hybrid / WFH Options
DNA Recruit
Business Development Manager – Growth Consultancy – London (Hybrid) Are you a Business Development Manager looking for an exciting new opportunity? DNA Recruit is working with a dynamic and fast-growing Business Growth Consultancy that partners with ambitious brands to unlock growth opportunities across digital and tech. This forward-thinking agency prides itself on its … entrepreneurial spirit, collaborative culture, and results-driven approach. They’re now on the lookout for a skilled Business Development Manager to join their London-based team and drive their next phase of expansion. About the Role As Business Development Manager , you’ll play a pivotal role in driving new business initiatives and nurturing … s strategic goals. Working closely with the delivery team, you'll help convert leads into long-term partnerships while contributing to account growth. Develop and execute a compelling new business strategy informed by market insight and previous success Leverage your professional network to generate high-quality leads Attend networking and industry events to represent the consultancy and forge new More ❯
Posted:
Business Development Manager
10th Percentile
£30,000
25th Percentile
£35,000
Median
£40,000
75th Percentile
£59,652
90th Percentile
£70,000