I had a Squadra (well, still got it, never use it). IMO it’s rubbish, as are most jackets in that price range. If you go for that sort of jacket, I’d look for a vented back. Underarm vents just don’t work IME.
If you’re lucky you may still be able to find the Pearl Izumi Pro Aero for under £60. It’s what I replaced my Squadra with and I love it, and I use it a lot. Stretchy but still windproof: no rustling or flapping, and more breathable. Miles better than the budget crinklies.
The other one I have is the Gore Xenon 2.0 AS. Managed to get it for £70 I think, so a bit over budget. More rain-friendly, though.
Both of the above are a slim fit. (Much more so than the Squadra, which, despite being Italian, is rather loose.)