Are you sitting on some unspent Shares and Shares ISA allowance for this tax yr? Any allowance unused earlier than the top of 5 April can’t be carried over to 2025/26. So it could be price utilizing up as a lot of that £20k yearly allowance as potential earlier than it’s too late.

Buyers don’t have to really buy any shares, trusts or funds earlier than the deadline to shelter their cash from tax. However given the cheapness of many London Inventory Trade-listed property, it could be a mistake to delay.

With this in thoughts, listed below are two high FTSE 100 and FTSE 250 cut price shares I feel buyers ought to contemplate right now.

Greggs

Not even its deal with worth meals and treats has saved Greggs‘ (LSE:GRG) bacon in current occasions. Gross sales have slowed significantly in current occasions, and stay at risk of additional weak point within the present financial local weather.

But I consider the cheapness of its shares makes it price a detailed look. Its ahead price-to-earnings (P/E) ratio of 13.1 occasions sits comfortably beneath the corporate’s five-year common of 20.8 occasions.

Lots of the long-term drivers that pushed its market-cap from £1bn in 2015 to £1.8bn right now stay in place. Most critically, additional retailer additions to supercharge gross sales are within the works, with up to a different 150 deliberate this yr alone because the baker strikes nearer to its 3,000 outlet goal.

There’s additionally far more room for progress within the white-hot supply phase. Gross sales from this channel elevated 30.6% yr on yr in 2024 as the corporate prolonged the service to 1,556 shops.

With Greggs saying this month it loved “improved buying and selling in February“, investing within the FTSE 250 agency earlier than the subsequent market replace on 20 Could might be a good suggestion to think about. Although there’s no assure that gross sales haven’t deteriorated once more following final month’s uptick.

Ashtead Group

Like Greggs, rental tools provider Ashtead Group (LSE:AHT) additionally seems low cost from an historic perspective. Its potential P/E ratio is 15.7 occasions, a way below the five-year common of 21.1 occasions.

There’s good explanation why the corporate — which operates below the Sunbelt model — now instructions a less expensive valuation. Weak development markets within the US and Canada have seen it sharply downgrade near-term gross sales and earnings forecasts. They might proceed to deteriorate too as the specter of crushing commerce tariffs hits North American economies.

However there’s additionally a lot to stay optimistic about. The FTSE 100 firm stands to learn enormously from a collection of mega Stateside infrastructure tasks deliberate over the subsequent decade. It may additionally acquire from vital onshoring within the US and Canada if commerce wars intensify.

Ashtead’s rolling enlargement drive places it in nice form to take advantage of its constructive long-term market outlook too. The agency’s market share within the US is 11% right now, up from 6% a decade in the past. However there’s substantial room to extend this by natural funding and acquisitions in what’s a extremely fragmented market.