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Forget the wireless rear speaker bit - have heard they are not as good quality as wired. So surround sound set up up to 300 quids for use use with an xbox 360 and dvd/sky. Anyone ?
My half pence worth of advice would be to try and get a separates system perhaps built around a Yamaha or Denon Amp/Receiver. £300 would be tight but if you look at some of the deals in Richer sounds and if you already have some speakers you could press into action as mains or surrounds it could be done. Separate Amp/Receiver will almost certainly give you more connectivity options than an all in surround system. I think your nearest Richer is Bromley but not sure.
NB I dont work for them just a customer.