2 cheap FTSE 100 growth shares I won’t touch with a bargepole!

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These FTSE 100 stocks look dirt-cheap on paper. But to my mind, the potential risks they pose to investors far outweigh the possible rewards.

Here’s why.

Defying gravity

After experiencing some spring turbulence, the International Consolidated Airlines (LSE:IAG) has risen sharply again over the summer. At 390.8p per share, the FTSE company has now gained 29% in value since the start of 2025.

I’m left scratching my head at this rebound given a string of disappointing recent updates from the airline industry. Jet2 was the latest major flyer to sound the alarm on Thursday (4 September) when it slashed profits forecasts, warned of a “less certain consumer environment“, and cut the number of seats on sale for the winter season.

This reflects tough conditions in Europe, and is a bad omen for International Consolidated Airlines, whose continental exposure is significant….

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