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@dogsballs
carbon frame with ultegra, there are heaps and heaps of bikes on the market (~£1000). also the main difference at higher levels are the wheels. if you are doing a lot of riding the carbon will be a much nicer ride compared to the very harsh aluminium.
check-out british cycling classifieds, some awesome deals available.
http://www.britishcycling.org.uk/web/site/BC/mem/classified_ads/classified_ads.asp