It would help if you could fill out this:
Approximate Purchase Date: (e.g.: this week (the closer the better))
Budget Range: (e.g.: 600-800) Before / After Rebates
System Usage from Most to Least Important: (e.g.: Folding@Home, gaming, surfing the internet, watching movies)
Parts Not Required: (e.g.: keyboard, mouse, monitor, speakers, OS) **Include Power Supply Make & Model If Re-using**
Preferred Website(s) for Parts: (e.g.: newegg.com, ncix.com -- to show us selection & pricing)
Country: (e.g.: India) we need to know where these parts are being assembled
Parts Preferences: by brand or type (e.g.: I would like to use an AMD CPU & Biostar mobo with a 24" LCD and full tower case)
Overclocking: Yes / No / Maybe
SLI or Crossfire: Yes / No / Maybe
Monitor Resolution: (e.g.: 1024x768, 1280x1024, 1440x900, 1600x1200, 1680x1050, 1920x1080, 1920x1200)
Additional Comments: (e.g.: Need to have a window and lots of bling, I would like a quiet PC).
As it is i made a more what i'd consider a better build:
intel i5 2500k £162
https://www.aria.co.uk/SuperSpecials/Intel+Core+i5-2500...
Really no point in getting the 2600 as you won 't feel the benefits.
Gigabyte Z68APD3 £82
https://www.aria.co.uk/Products/Components/Motherboards...
You don't seem to bothered by bells and whistles so this solid board will suit you well.
8GB Corsair Vengeance 1600 £36
https://www.aria.co.uk/Products/Components/Memory/DDR3/...
Good solid RAM
ASUS GTX560 Ti 1GB £159
https://www.aria.co.uk/Products/Components/Graphics+Car...
Out of the 6950 and the 560 Ti i'd say the 560Ti is the better option as it is cheaper and provides comparatively performance, especially on 1 screen.
500GB HDD £70
https://www.aria.co.uk/Products/Components/Hard+Drives/...
Cheapest HDD i could find, with prices in stupid numbers atm i wouldn't spend more than it, where you found that Samsung drive i don't know.
XFX Core 750W £68
https://www.aria.co.uk/SuperSpecials/750W+XFX+Core+Edit...
A nice solid PSU built by seasonic
Bitfenix Shinobi £47
https://www.aria.co.uk/Products/Components/Cases/MIDI+T...
Decent case for a great price.
Dell U2312HM £186
https://www.aria.co.uk/SuperSpecials/23%22+Dell+UltraSh...
Some may call this mad overkill on a screen and i can see where they're coming from, BUT it's an IPS screen which will make your games and movies really look nicer, and is easier on the eyes than a TN panel. Now i know you have selected an IPS screen as well but it's response time isn't as good as the Dell, however having looked at the review of it here:
http://www.digitalversus.com/lcd-monitor/lg-flatron-ips...
I'm more impressed, so you could save money here and get the LG, but my inclination would be to stay with the Dell. Your choice.
Review for the Dell:
http://www.tftcentral.co.uk/reviews/dell_u2312hm.htm
No heatsink as you don't want to OC and you can get away with the stock.
This does put you £20 over with P+P and VAT: £818.22 But apart from the screen i really can't see where meaningful cuts can be made. It only is 2.5% over budget so not exactly terrible.