If you mean this website, its only about 16% of original price (£310) and it is not under £200, at £260? Wish it was under £200....
Snowbee/Waldron Vice - Fly Tying
Anyway, when i had just started a few weeks, ago, the only tools I have now are: A vice (obviously) Ceramic Bobbin holder, Scissors, half hitch tool (or whip finisher), dubbing brush (lolly pop stick with velcro stuck on), wax, varnish (with brush, or just use a dubbing needle, your choice) dubbing needle and a dubbing twister (you probably won't need this yet, it depends on how you like doing dubbing, and it is sometimes used in different fly patterns)
So far I have got on fine with just these tools, although I would like a new vice, the one I have is borrowed, have a look at the snowbee fly mate
Snowbee Fly Mate Pedestal Vice | Buy Online at AtkinsAngling.com
seems to be a good beginner vice, something I have been considering.
Hope this helps