Another possibility is to put some into Premium Bonds. The returns aren't great, but you usually get a steady flow of tax-free income, and there's always the chance of a win well above the average. You won't lose the money, either (or, if you do, the whole nation will have gone down the plug-hole!).

An eleventh way to cut costs is to drive with a gentle touch. Wear lightweight shoes for more sensitive control. Keep your distance and brake less often. Don't be first away at the lights. Slow down in plenty of time for a stop you can see coming, braking as little as possible. Drive at as uniform a speed as traffic will permit (although ...

Another point to bear in mind, jdeez, is that 0.1% of say £35,000 is £35. So if you find other accounts at 6.9% instead of 7.0% then the difference in your interest would be £35 per year before tax. Not a massive sum. So the advice you had about sprinkling your money around in several accounts is good, I would say. The downside ...