bought this one from machine mart last year....torque range 20-155 ft lbs.....£23.98,much better than the price would suggest ....nearest machine mart to you is deal
You can get Draper ones from Amazon for around the £50~ mark or the cheaper alternatives like Silverline for £20-25
As above, the switch lever changes the ratchet drive direction from clockwise to anti-clockwise. Although you shouldn't undo anything with a torque wrench, it is a handy feature to have and imo is perfectly acceptable to use on bolts that aren't done up "tight" ... the definition of "tight" is personal opinion in this instance