HOORAY IT NOW RUNS FINE !!! You guys are right on the button, it is a Delorto PHBH carb. Spent a pleasant afternoon on the patio furniture methodically stripping the carb .Had to argue this with the wife and explained I needed good light to do this work and the garage just isn't bright enough, that worked so I sat in the sun and got down to business. Unbeknown to me, seems this carb has 2 pilot jets. One is easily seen and unscrews, the other is behind this one right up inside the carb. The previous owner has obviously had a go at getting it this jet out and broke one half of the screw head off. So my only option was, in one way or another, to get it out. I opted to bang a sharpened flat blade screwdriver into it and with use of WD40 and by being very careful I got it out. Guess what I did then...... yeah... I gave it a blast. This little pilot jet seems to feed straight up into the main venturi and also branches off to a 'sloping' hole in the main venturi. I'm guessing but I bet there was a bit of swarf caught up and I've now got it out. Anyway after a most enjoyable carb blast I used a needle file to cut a slot into the wrecked jet and screwed it back in gently. I reassembled the carb and hey presto one running Cota 315R. I will order a new jet and replace it. My thanks to all you guys and I feel I have now joined the ranks of Delorto PHBH experts. By the way if you got a carb problem.... give it a blast.