The system I'm going to try to audition tomorrow is as follows.
Teac Reference 300 Mk II Digital Radio/CD/Amp (400 earth pounds)
Epos M5 or M12.2 speakers (with or without stands) (350/450 earth pounds, 100 for the stands)
From poking around various review sites, both of these choices seem to be excellent choices for the money and for a small system (since it'll end up in my bedroom, a small system seems like a good idea). Epos have the added advantage of being a British company and both look rather natty, viz:
Sevenoaks Sound and Vision in Oxford stock both, although their prices (470 and 400/500) are higher than the net ones. I intend to indulge in a bit of hard bargaining to see if I can get them to come down to the online level - I suspect they price pad to an extent anyway. I intend to book a demo with them today anyway.
Now I'm all excited.