What best high street camera (digital) is there at the moment for a budget of 拢160.00?

Panasonic Lumix DMC-LZ3b
And you will be left with money in your pocket for a memory card.

Look up The Samsung ones......or: (any samsung kodak, fuji or sony ones for that money will be superb)

panasonic

go to ebuyer.com and get the canon a640 for 拢155. It will cost you 拢200 elsewhere on the web and is the best for the money.