Good evening gents,
Courtesy of Steve at Landylift (stellar service and will have no objections to using him again) I have taken delivery of my first ever milling machine, a Centec 2B.

It came with a horizontal arm and arbor support, a fabricated riser block and Mk. III quill head, as well as a 3" Abwood vice, two dozen horizontal milling cutters of various kinds and a couple of T-nuts.
It's fitted with a VFD and separate control box for run/jog, reversing direction and start/stop.
I have tried a little milling using the vertical head, a fairly high speed and a four toothed endmill and it was an absolute success.
I can't seem to move the vertical head ontop of the riser block even with the nuts slackened off, it seems to be held fast. Before I do anything stupid, is there a common cause for this?
I decided I wanted to also try horizontal milling, so I slid the riser block forward to act as a support arm (having to disconnect the vertical head belt since I couldn't slide the vertical head backwards to keep it in line). I fitted the arbor, with a cutter and the arbor support and noticed – there are keyways on the spacers, keyways on the cutters, but no key or keyway on the arbor. Once I hit any resistance in the cutting process, the cutter stopped while the arbor kept spinning. Am I missing something??
What is the purpose of the nut on the front of the vertical head? It seems to just spin in place on my one.
Thanks for the advice re: collet chucks, I have a Clarkson Autolock collect chuck and a series of imperial collets, and imperial cutters from Tracy Tools. Annoyingly, some of them only seem to thread partway on to the collets, not sure if I can do anything about that?
Anyway, thank you all for the help and advice – I'm having a blast already!