You can choose a cheap affordable web hosting provider provided that you are not setting up a website that requires heavy usage of resources like CPU time, storage space or network bandwidth. Do look at the Terms Of Service with the Hosting provider. The Terms Of Service is usually located at the bottom of the web page.
If you are lucky you will find a company that offers free installations and assistance with pre-installable forums, cms or traffic statistics and some even give you a free domain. The web hosts can provide such cheap prices without compromising in service quality by offering what is called Shared Web Hosting UK.
E-commerce Shared Web Hosting UK design is not country specific. Anyone in any country can build an e-commerce site. All you would need to figure out is the monetary issues. Keeping in mind that not all countries money convert one to one, you would need to make sure that you knew how you wished to be paid, especially if your product will be sold to customers around the world.
As a rule of thumb, if you choose a domain name, consider first whether you could find any .com extension which is recognised as most valuable extension. If .com is not available, consider .net extension. If both .net and .com are not available, you might want to consider .org or straight go to your country top level extension.
Affordable Web Hosting is what everyone wants but you do not want to give up all the things you had with your old host. Some may offer more bandwidth and space to grow your website but how much do you really need. Before you think about moving to a new web hosting you must first find out how much space you are currently using. Some hosting sites can offer you more than you need in order to get you to sign up. Why pay more for something you will never use. How likely will you build a website that is 10,000GB in size. That is huge! Some of the most popular websites out there is not that big so why pay for it. Plus, you want to make sure that the uptime is 99.9% of the time. If not, it can cost you visitors if your pages are not live all the time.
Ask for reviews about particular provider in the leading hosting/webmaster forums. This way you will be able to find out more about host's reputation among its peers. You will see what are the pros and cons of the service. Note there is no "perfect provider" but there are a lot of awful ones.
These 3 companies have proven themselves to thousands of customers over the years and all offer an affordable web hosting plan that will be right for your situation.