Hi Nicola
Welcome to the HUBB
I would suggest you get a bike, licence and some experience in Oz before you come to the UK. Don't ship the bike because, as others have said, there are plenty of bargains in the UK.
On a budget of €60 a day, sadly, these days you will have to camp but also remember campsites are only open for a limited season apart from in some southern parts of Spain and Greece.
I met an American couple a few years back who were on an indefinite tour of Europe. They were on their 3rd year but they only travelled in the Summer and found jobs in the wintertime - you may need good language skills if you want to find work outside the UK.
Couch surfing is worth a go.
Good luck with your plans, let us know how you get on.
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