Where would you invest?

Then see an IFA.

If you want somewhere secure, there's a TV advert on at the moment promising 8% in a savings account for the first 12 months. There are probably strings attached.

Can they do anything useful given the short term nature of the investment that the OP ought to be looking for?

He can't tie the money up for years as he may need to spend it to live on if finding a new job takes longer than expected.

Of course, I hope that he doesn't. but he must invest on that basis.

This is for regular savings of up to 250pm (just checked, as I saw the ad myself and though that it was too good a deal)

tim

It is a regular savings account. Fine if you want to put some money aside every month from your salary, but no use for a lump sum.

In message , tim writes

A 'decent' IFA should be able to help by advising on the best alternatives, such as decent interest rate, accessibility, interest payment dates etc., but I take your point because many IFAs can only say the words 'put £7k in an ISA and the rest in a With Profit Bond. V.Sad.