Preheat your oven to 350°F (175°C). Grease a baking sheet and set aside.
Rub margarine into flour: In a large bowl, add the cubed margarine to the flour. Use your fingertips to rub it in until the mixture resembles coarse crumbs.
Mix dry ingredients: Stir in the sugar, baking powder, salt, and allspice.
Combine wet ingredients: In a separate bowl, mix the egg and milk.
Form the dough: Pour the egg-milk mixture into the dry mixture and stir until mostly combined.
Add raisins: Fold in the raisins and mix until a soft dough forms.
Shape and bake: Drop heaping spoonfuls of dough onto the prepared baking sheet, leaving space between each bun.
Bake for 20–25 minutes or until golden brown. Remove and let cool slightly before serving.