By Oliver Ralph, January 29, 2009
The banking crisis has left investors with much to mourn. Banks used to be havens of stability, offering savers a safe home for their cash, and shareholders a relatively secure investment with a decent annual dividend. But after a tumultuous year, they’re no longer looking so attractive for either group.
So where should investors go to find safety? Savings accounts are still the obvious choice, provided you don’t put more than £50,000 (the government’s compensation limit in the event of problems) with any single bank.