The four best savings accounts for children

Even with Brexit looming and interest rates holding, it’s not all doom and gloom for the future

pocket money
(Image credit: Matt Cardy/Getty Images)

With UK university courses now costing almost £30,000, an average deposit on a first home [https://www.theweek.co.uk/96930/how-to-save-money-in-your-twenties] reaching £33,000 and Brexit on the horizon, it’s not hard to see why pessimism is the order of the day for parents thinking about their children’s financial future.

Those looking to set up savings accounts for their kids will likely be further disheartened by forecasts from the Financial Times that state that “even under a very benign Brexit outcome” the UK economy “will feel the adverse effects of global monetary trends.

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