If your not wanting to get apillar drill, something like this can cost about £8 - 15 and holds a classic drill.
https://www.amazon.co.uk/Tooltime%C2.../dp/B00DIB300U

Perhaps this can be sourced near you?

Nut inserts, i have some brass inserts for drill mounts turned with a chamfer to aid directional insertion which im selling if your interested - DM me. Can also machine some steel ones should you desire. And also a spiggot to hold the insert for your drill press.

I have used a cooks blowtorch device to heat up the insert to melt into my hubs. worked well.