There is no regulation or rule of law in the stock market... particularly not in the UK. You need to stay away from the big banks (they all plan on bail-ins like in Cyprus) and stick to small credit unions. What I tell everyone is to have enough cash on hand to run your household on for a month or two (in case of a major bank holiday), some silver to trade with and stored food for a month or two.
Not much you can do for that amount, without taking risks, which I guess you don't want to do. Savings accounts have poor interest rates (now, and in the near future) but are probably the best option for you. If you are not a taxpayer, you can have interest accumulated tax free, so compare rates (and terms) for any savings account, whether ISA's or not.
http://www.moneysupermarket.com/savings/...
Well, Im looking for some investment that I can do beside my studies. To be honest, it's just the amount of money I waste every month , instead wanna put that into a safe investment. It's can be 1000£. What would be some safe investment except for Sharemarket?
Need some idea guys