Oksana Koneva

Martin Lewis: Short-dated UK gilts may offer up to 8% return if interest is taxed

Martin Lewis: Short-dated UK gilts may offer up to 8% return if interest is taxed
UK gilts may yield up to 8 percent

Short-dated UK government bonds, or gilts, may provide up to 8% equivalent returns if held to maturity and the interest is subject to tax. Martin Lewis, founder and finance commentator at MoneySavingExpert, made the observation in a recent podcast release.

Lewis additionally advised people to understand all pros, cons, and risks before taking any action involving gilts.

Lewis has previously highlighted that U.K. banks are offering up to £600 in free cash to customers around Christmas. He has also provided listeners with guidance on managing credit or store card debt. These topics have featured in his recent podcast discussions.

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