"Operation canceled due to restrictions"

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Using Vista home Premium, SP1, I am using Outlook 2003 for emails, and
Windows Live Hotmail. Suddenly, when I get emails in Outlook containing
hyperlinks, clicking on any links, an error message appears saying "This
operation has been canceled due to restrictions in effect on this computer.
Please contact your system adviser."

I have User Account Control switched off. Using Hotmail via Internet
Explorer does not have the same problem. Hyperlinks can be opened. Nor is
there any other similar problem on my other computer. The only workaround,
which is a little daft, is to forward the message with the hyperlink to an
email account on another computer, or to my Hotmail account on the same
computer.

I have tried all the Options offered in Outlook, and tried to find anything
available via Control Panel, but I can't find any reason for this.

I should be most obliged if someone could point me in the right direction.
.

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