I have around £10,000 to invest in the UK, should I put it in savings, an ISA, P2P lending or into stocks?
10000 pounds if you're a UK citizen, can be kept in an ISA.In an ISA account you can then choose to keep your money in Cash or Stocks (or even in Mutual Funds).If you don't want to invest in stocks(risk-free attitude) and just wish to save your tax on this amount, you should keep this money in a cash ISA.Or there is another idea for you to consider, if cash is all you want to deal with. Since Cash ISAs will give you a lower interest (somewhere around 1.5 to 2.3%), you can keep your money into a general savings account(earning as around 2.90-3% of interest) till say mid March. You can then transfer your amount(10k plus the interest) to a Cash ISA, which will make the whole amount tax free. (should be done before financial year change).Now you might feel it's a tedious job to shift money from one account to another, but that's how people shift money to earn more. Moreover, if your provider facilitates electronic transfers between these account types, it is all done sitting at home then.Else simply keep the money invested in mutual funds that diversify your money into various market sectors. You can hold mutual fund units inside an ISA wrapper, thus saving that from the taxman and earning you better profits than just keeping in cash.(That of course depends on bearish or bullish view of the market while you invest, its best to invest a regular amount monthly than investing a big amount at one go.)Wish you best of luck.Happy investing. :)