What is the best way to generate passive income in the United Kingdom?

Good Question!

Purchasing bonds in a UK company that pays a good rate of return makes a lot of sense especially if the bonds you purchase are based on collateral like mortgage notes or real estate.

Uk Gilts the returns are simply to low for anyone to make money unless you are a trader and that requires a totally different skill set that takes a lot of years to master.

You want to look at private company bonds in companies that have a good management team and you can understand their business. You should find some companies that offer passive income corporate bonds backed by real estate or mortgages but you should find something that allows you when you purchase the bond to select if you want to receive returns in GBP or USD Or UAH.

But you want to make sure you are investing in a UK company and buying the bonds of a UK company.

I wish you good luck with your investing!