Thanks - I'd already sussed out the £85k but useful to know about the temporary protection thing. having read about it, it seems pretty bullet-proof in this instance - I'd just advise that they don't do other deposits and withdrawals which would muddy the waters.
I guess it's just a matter of finding the best rate together with the most readily available and easiest managed one. It's a bit of a minefield as the detail of each needs to be checked - e.g. some limit the number of transactions in a year to 3 (which wouldn't matter), other limits the amount you can send on a Faster payment (e.g. Tesco is £10k a day) and I'm sure there are other gotchas
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