Thanks to everyone who has offered suggestions to this. I am 99% sure it's vapour lock because
1) Last week was unusually hot with the weekend the hottest for May for 50 years.
2) Yesterday the atmospheric pressure was strange with thunderstorms finishing the day.
3) The car was in my garage for the whole week unused with no ventalation. The garage has an asbestos roof and it gets very hot, in the summer I open the window but not last week.
4) I started to use a different brand of LRP petrol the other week, last filling up about two weeks ago (the tanks almost full btw). As there aren't many old cars around where I live the call for LRP is small so it was probably 'winter' grade fuel in the stations tank.
5) I noticed that the spark plugs were bone dry even after several goes at getting it started and pressing the accelorater, surely that would have made the plugs wet?
6) I've had bad points, distributor cap etc in the past and the car misfires etc., nothing like what happened yesterday.
caddmannq - I keep the coil and electrical stuff clean but have taken on board what you say about the ballast resistor. There were no funny smells or anything unusual at all.
alvin - you originally from England?
wju425 - I still can't see how the condensor could cause this problem. The roads were dry and I had only driven a short while when it happened.
kingofpain, brainchild and RedFury - I agree. The crayon tip is good, maybe I'll try it but I really think the problem won't happen again for a time. I might be wrong

but I'll let you all know if it does!
Thanks again guys.