The paint is off in two strategic places - the top tube bow and the down tube - possibly a bend there too since older Mercian paint is quite brittle. I ride a Cannondale with a nasty ding in one seatstay, but take the risk. I would ride a bike with a small dent in the tt, but I am afraid you have a bike with a much more serious issue. Both main tubes have been stressed. I would get both tubes replaced. I regret that in your case the risk total failure of the frame is increased - by how much? Don’t know. But it’s significant damage and while I would ride this to the shops, I wouldn’t ride it down Winnat’s Pass.