nobbutt have a look at www.montane.co.uk they do some good stuff

2 jackets I picked out depending on budget (there are lots more but both of these are taped and have hoods)

firstly their Atomic DT which is waterproof to 10,000mm hydrostatic, weighs 240g and costs £100

secondly their Event Halo Stretch which is waterproof to 30,000mm hydrostatic, has stretch material in it to make it more comfortable leaning on a bike and weighs 350g but costs £225

personally I'd go for the second. if you cycle every day its completely waterproof and I find event fabric more breathable than goretex and the amount of use you'll get from it makes the cost justifiable if you have the dosh!