Another update, I’m slowly making progress with the Holdsworth. Stem was stuck solid and I inadvertently damaged the steerer trying to get the stuck piece out. This was before MartinB123’s helpful advice above (wish I’d known that - would’ve saved me heaps of effort)!
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I cut off the offending part and used a spare fork steerer cut to the correct length and welded on.
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Gave it a grind back and then painted before installing on to the frame.
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An ITM stem which I had seems to work nicely on this, flat bars are a stop gap (I keep spare drop bars in my loft out the way - they take up too much room in the workshop).
These Mavic MA40’s look pretty nice on it, at least for now - I will need to buy a bolt on RD hanger as the frame doesn’t have one.
I wire brushed the worst areas of surface rust and wire wooled the whole frame, I’m inclined to just lacquer it now to keep the original paint etc intact as the hand painted parts really give it so much character. I suppose it could be repainted at a later date if I change my mind.