Just an update in case anyone was interested. Had to get the bike into a Yamaha service centre (miles away!)
just to get someone savvy. V v busy place so it was being worked on periodically.
They found that the fuel pump wasnt turning off. Mentioned hydrolock, but having googled it, I'm not so sure.
Hydrolock seems quite serious and regularly terminal, yet mine continued to turn over, just not catch.
Still, replacement pump in now.
Zero pressure on cylinder 3, so after much stripping down, they found one of the exhaust valves wasnt closing
properly. Held partially open by a cable tie!! A very frazzled looking cable tie. How it got in there I have no clue,
and may even have been in there from before I got it. Bizarre.
Bike now up and running and waiting on all the other wee jobs I have to complete before the weather improves
here in damp and miserable Scotland.