looking for a nice but not too expensive watch
That'll be a Rotary then – Rotary Elite if you prefer. Swiss(ish), understated, decent quality and cheap enough if you look around that you'll be happy to take it on the bike.
I managed to pisk up a 2 atmosphere, heavy stainless steel one with the hidden closure for £85 (down from £170 I think). It needed a new battery – £20 including reseal and pressure test. Absolutely fine on the bike – tough as old boots – and fine in meetings with the directors too.
By the way never go for a better watch than the MD if you regularly go to meetings with him. If you're a consultant, don't look sharper than the senior client.