Wellcome Windfall
In keeping with Wideboy Wesley Streeting's hopes for Britain's world-beating position in the business of profitable healthcare, a health research charity has resoundingly done its part for the fiscal wellbeing of its investment executives. The Wellcome Trust enjoyed a rise in returns from its portfolio last year, and naturally celebrated by reducing its charitable spending and splurging eleven million on the nice people who advise its comparatively modestly-paid governors on how to reduce health inequalities. Almost half of the eleven million went to the chief investment officer, aptly named Nick, who is leaving in a couple of months having apparently made the shrewd decision that even the rudest fiscal health might not suffer by a tactful exit.
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