Homebrew PCBs

Hello everyone

Having always used a hand electric drill in the past, together 
with standard HSS drill bits, (wear out too quick),  I want to upgrade.

I'd like to purchase a drill with stand, so Tungsten-Carbide bits can 
be used and generally make a much better job of drilling holes :)

Drill Stands : I've looked at the Dremel 220 'workstation' / Proxxon & 
Wolfcraft stands, all at about £35... 

As for mini drills, there are lots to choose from, but what is the best 
combination at a reasonable price (£50ish) in users's experience ?

Many thanks for any advice :)

Richard