UK interest rates on the £ are still over 6% in many banks. RBS had exposure to subprime so careful who you go with. Anglo Irish offer a good rate but they are all in on Commercial RE. HSBC is probably the safest due to size but lower rates. Bankrate.com has rate comparisons for MM and CDs. How about bond mutual funds? They are said to have no load, low operating costs, and maturity is not so much an issue, but if interests rates increase their value may go down.
