It equates to a Torus, as these frames were badge engineered by several companies, including X-Lite - hence the Trimnell fork on the Torus XT - and Gazelle, as well as others. This is just another example.Could be a Torus, they had that same windowed dropout. All the housing stops and canti peg match up too.
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Torus was the first version in about 93. There were many subsequent iterations of the frame, many with slight changes - dropouts, cable guide position, canti bridge (with and without) geometry adapted for suspension. M-Trax 400 450, RSP, RSP 550 and 600 of 99, RSP 550 of 2K etc. It all got a bit desperate as Raleigh tried to claw it's way back into the market, which sadly never happened for them...and then the wheels fell off.Is the Torus a UK version of the USA MTi1000?