If you've got plenty of space it may be worth playing around with DreamWeaver. It all depends on what sort of site you want, is it interactive (members and forums etc) or just factual. 123-Reg offer decent hosting packages.
Wordpress should be more than capable, infact i was surprised recently by how many news sites actually use wordpress. With all the plugins available the possibilities are endless. For example here's a mock up i did for a gaming blog for a friend of mine using wordpress http://swgrp.co.uk/network/