Microsoft Office Live Basics
Microsoft Office Live Basics is the easy way to get started on the Web. If you have always wanted your own Web site, Office Live has just made it easier much easier.
- Free domain name and Web hosting
- Easy-to-use Web site design tools
- 500 MB of Web site storage space
- 25 company-branded e-mail accounts
- Web site reports
Full details here: http://office.microsoft.com/en-gb/officelive/FX101534261033.aspx
It will ask for a credit card to confirm that you are who you say you are, however no money will be taken (explanation given on sign up page).