The head gaskets knackered, that's the most expensive bit, and its leaking oil like a good'un. It was going in for its 100'000 mile service at the time so it's not all MOT related as far as I am aware. It is a bit of an over zealous main dealer, but I pretty much wrote the car off back in 1998, (new front suspension, straightened chassis etc.) it's not going to have a particularly good resale price even if I had all the work done (£1400).
It is still insured, and one way or the other I'm gonna sort it this afternoon. As for scrapping it, it's going to the Army School of Ammunition, so at some point in the future, it is going to be blown to bits.