Just a heads up to anyone who's missed this. The Nexus 4 can now be bought for only £159 for the 8gb version on Google Play. Or £199 for the 16gb version. This makes it the best value performance Android phone for that price point.
https://play.google.com/store/devices/details/Nexus_4_8GB?id=nexus_4_8gb&hl=en_GB
https://play.google.com/store/devices/details/Nexus_4_8GB?id=nexus_4_8gb&hl=en_GB