1,070,000 pounds. Actually, the proper way to say it is: one million seventy thousand pounds (without the use of 'and')
It is: ten thousand pounds
Seventy percent (70%) of one million (1,000,000) is seven hundred thousand (700,000)
One tenth of seventy thousand is seven thousand.
one hundred thousand, seventy
1,375,000 pounds or 1.375 million pounds.
In Britain, I would write one thousand and seventy-five.An American might say one thousand seventy-five.