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I picked up a carbon fibre Benro Mefoto Roadtrip PRO for £130 on sale a while back and have been happy with it so far - it's like a weird swiss army tripod with loads of features I'll never use, but it's still quite light and seems to work well so far. It packs small enough that I can get it in my hiking bag or cabin luggage.
I also liked how it's got a second panorama adjustment thing above the ball head, so you can level things off and not lose that level while turning the camera.
Best sub £200 tripod? For stills, not video.