That does sound a bit like the overboost cutout. If the system detects that you are making too much boost it drastically cuts the fuel and feels like you have stomped on the brakes. The dash gauge is difficult to read because of small graduations but it should not read more than 1.8 (this is 0.8bar of boost).
Do you have any adjustable boost controllers fitted to the car, the most common is a valve by the banjo volt on the black intercooler pipe cming from the turbocharger. If so I should try turning it down a bit. Failing that it could be that your wastegate is stuck shut or maybe also that the air line to the wastegate is broken so it is not recieving the correct pulse to open the wastegate.
Check out the 951 problem solving sections of Clarks Garage website for full details:
http://www.clarks-garage.com/951faq.htm