I am a director of a closed limited company with an accumulated cash balance which I wish to invest in a savings account. Unfortunatey all the good rates ie. 3.5 to 4% that I have followed up at banks and building societies are only available to private investors.
My bank (NatWest) advise me that my best option is to leave it with them on a low interest account until it reaches over £25k then I can put it on the money market. Does anyone have any better options? Obviously it has to be risk free as a sizeable proportion belongs to the tax man.
Thanks