S&S question

[moveblues]

Hi all,
So I've got 80k in savings spread between mostly an ISA and about 5k of it in a .70% interest account
I've got 5k sitting in my current account doing nothing.
I've maxed out my cash ISA allowance (0.54% so not brilliant!!)
Options are to pop the 5k in the above account (which I should prob do for now) or do something else with it(???) could do S&S isa in next financial year (I'm risk averse though!!) but wouldn't know where to start?
Any advice appreciated!
Thank you

I would start with learning about investing. A good book for a beginner is The Meaningful Money Handbook, which has about 1/3rd of the book about choosing a multi asset investment fund.
Paperback, Kindle, or Audible.

Or do you prefer podcasts, or videos?

How much of this money would you say is your emergency fund... money you like to keep available in case it is needed? If you are risk adverse you may be happy with 12 months or expenses as an emergency fund instead of the more common 6 months worth.
Cash loses money to inflation, so the more you have in your emergency fund the more you are losing.

Do the S&S ISA in the new year if it's money you likely won't need for 3-5 years. Stocks are a very good hedge against inflation, which is likely to be a problem going forward.

There's a risk to not investing for long term growth.