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Spending £1500

If you want a safe way of earning decent interest you could put it in a certificate of deposit. You could also start saving for retirement.
 
Uhm, rent 3 VPS's and buy a couple of runescape bots - put it into work, with 5+ bots per VPS, bot them up to 40 attack 99 strength 1 defence and then sell them - You'll make at least 30$ per account.

About 25% of the accounts are going to get banned, so you'll make about 600$ a month, at the least.(That is after taking out the fee's for VPS and bots.)

What I do, I make more then enough from it...

Then, after you made a little on it...put it in stocks ?
 
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