In reply to malk:
Epson Stylus Photo 1500W Printer just about fits your budget at £230, but the prints may not be archival quality and could fade if displayed in daylight.
For non-fade prints, you need a printer that uses pigment inks, like the Epson SureColor SC-P600 at £570. Way over your budget I know, but you can get inexpensive (yet superb quality) refillable pigment ink cartridges from Marrutt - significantly offsetting the initial printer/inking system costs:
http://www.marrutt.com/find-my-printer/epson-surecolor/epson-surecolor-sc-p...