The Carrera Subway One from Halfords is pretty much the default budget hybrid bike, recommended by many on here as near unbeatable at the price - decent spec and pretty much bullet proof.
They're currently on one of the rare occasions that Halfords are selling them at the 'full' price of £300 brand new - they're frequently on promotion at £250 or less if you can hang on, or you should be able to find a decent second hand one well within budget.
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