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Put some in Premium Bonds [1]. No interest, but you get capital preservation and a shot at the monthly GBP1M prize. Likely you'll pick up a few GBP25 prizes ove
by osullivj 8y ago
Put some in Premium Bonds [1]. No interest, but you get capital preservation and a shot at the monthly GBP1M prize. Likely you'll pick up a few GBP25 prizes over a year, so it will be as good as a cash deposit, given the crappy savings rates on offer from the major banks. I did this 10 years ago when I temporarily had a lot of cash after a house sale.
[1] https://www.nsandi.com/premium-bonds https://www.nsandi.com/premium-bonds