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Under £50? Do they exist?
"Don't get wireless, buy homeplugs."
Slightly more usefully, when I hooked up Mum and Dads place with wireless gear about 7 or 8 years ago I got something in Netgear's Super-G WGT range. Hasn't had a single problem since, so personally if I were buying I'd go with them again.
One thing I would say is to probably get something that supports ADSL2 if possible as well as ASDL as it's being rolled out increasingly widely around the UK - no point in replacing your router later if the cost difference isn't too great.