You can pick up one off ebay for around 60 quid including delivery or if thats too much you can always buy one of these stands

http://cgi.ebay.co.uk/45mm-Collar-Power ... 3a462ed826

and use your regular drill with it. My pillar drill has been one of the most useful tools I ever bought apart from my small lathe and I managed to get it cheap out of B and Q for 35 quid during a sale.