Pulled out of a slippy junction, wheels started to bounce so I backed off the throttle as im no boy racer, it went 6 feet then died completely, the fuel was a bit low so first idea was a extra gallon of FUEL, NO thats not it, I looked round the engine bay in the cold and the rain

Theres a spark, the fuel is pumping ok, the injectors have power BUT it wont go? the AA man bless him spent a hour trying to get it going but admitted defeat much to his annoyance and it was flat-bedded home the 1.5 miles much to my embarresment and amusement of my neighbours. It broke down at 7:50 and arrived home at 23:20! cold wet and throughly naffed off!
Anyone got a idea, a fuse hasnt blown and it doesnt have a fuel cut off switch? AA man said teh fuels not getting to the fuel rail yet the pumps working ok and the sparks nice and strong. The cars a 1.8i 8v 1994 M if that helps, any suggestion sowuld be appreciated, ive had fuel pressure regulator suggested so far?