Wash your mouth out with soap sir, ultralights are a strange foreign practice. True brits fly microlights. (Actually, I think this is because the BMAA was started as the "British Minimum Aircraft Association" and they couldn't afford to change the letterheads).
Pretty much all microlights - so long as you disregard hull insurance (which is inevitably a functioon of hull value) and purchase cost (ditto) will cost the same to run; that is around £25/hr all-in. They tend to be thirstier by the mile than conventional aeroplanes, but win on everything else.
If you want a 2-seat aeroplane to go places, here's a few indications of what's out there:-
Puma sprint, probably cruises at 35kn, cost you about £2k, 2-seat flexwing.
Raven, 45kn cruise, cost you about £3k, 2-seat flexwing.
Thruster TST or T300, probably cruises at 50kn, cost you about £5k, 2-seat side-by-side taildragger with conventional controls.
Spectrum T1, similar performance to the Thruster, say £7k, tandem, all-composite wing, nosewheel.
X'Air, 350hr quick-build kit, side-by-side 60 kn tourer, generally get one flying (or get one second hand) for about £10-11k
Shadow CD, tandem high wing tourer, stunning front cockpit viz, slighlty cramped in the back, 65kn cruise, say £10-12k
Thruster T600, costs between £12-£24k new depending upon engine, comfort and nosewheel .v. tailwheel. Cruise up to about 75kn, superb viz very comfortable tourer with conventional controls.
Pegasus Quik, latest thing from Pegasus, 2-seat flexwing, £22k, 80kn cruise, 1000 fpm climb, needs a 200m runway.
Pegasus CT, tadpole shaped all composite hot-ship, side-by-side, 110kn cruise, £43k.
All these are either dual control or can be easily modified to dual control, the only one where you're ever likely to do any significant pax for fuel trading is the CT.
I've flown all of the above except the sprint (which I'm assured is basically a slower Raven) and the Quik (which I'm promised a go in shortly) and considered all of them enormous fun. At the end of the day it comes down to how much you want to spend.
Incidentally, I have a personal philosophy that the difference between 2 hours to get there at £25/hr and 1 hour to get there at £50/hr is that I got twice the flying for the same money. Microlight touring isn't for those in a hurry, but the (almost) inevitable STOL performance opens up pretty much anything with a 300m field or large beach.
G