IMHO £20 isn't really enough for two decent units. A Cateye rear such as LD600/LD610 will get you seen in most conditions (you do want to be noticed, right?) though the little LD130 / LD150 models are useable. All run on 2xAAA.
On the front the tiny Cateye EL135 (2xAA) is the minimum I'd settle for. The larger models, the EL320 and up, have a bright spot but poor spread. Fenix LD20 (2xAA) is waaay better, waterproof and a truly worthwhile investment. Yes it blows your budget to pieces but unlike the others you are unlikely to feel the need to upgrade after a few trips home from the pub.