Quote:
Originally Posted by Cobbydaler
So, since December the Bank of England base rate has risen from 0.1 to 0.75%.
My bank has generously raised the interest paid on my savings account from 0.01 to 0.1%.
Unfortunately, not yet living back in the UK, I can't open an account with another bank that pays better rates.
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Have a look here:-
https://savingschampion.co.uk/best-b...ccess-accounts
Or Premium Bonds. (Av return about 1% and the chance of a big payout). All dwarfed by inflation unfortunately. Not sure if you can apply if not UK resident.
If you can afford to tie down the money then the stock market is prob best with its associated risks of course.
Alternatively spend it. Might be best atm and more fun