In reply to joe86:
300 - 400 quid!!!!
you can buy the best for that
modern jackets dont last as long as the trend is for lightweight which is by its nature less durable than the old bombproof coats of old
i had a mera peak and its still great in terms of weather proofing but is double the weight of my NF Gully which rrp's at 389 (paid 210 tho not paying near 4ton for a bloody mac)
if its just for hiking (i take you mean walking) and you dont want something that can keep you in fine fettle for 2 days + in scottish winter conditions then dont even go near spenind 300 let alone 400
most folks really only need something for a day trip and for that gore tex isnt really necessary
personally i am a gore tex fan (lets have a gtex v parmo argument someone!!!)
but seriously
decide what and when you want it for and go to ellis or cotswold etc and let them help you narrow your options
£200 tops mate should do you right fine