More info.
I took the side cover off the pump and made sure the rack moves ok. It seems to, and I sprayed it with a light lubricating
oil to make sure.
At max throttle, the rack seems to be at about halfway travel (around the pump pistons/springs), and with the cold start in, it moves across a bit further. With the engine running at 2500 revs, there is a little oscillation of the rack, but it is not fully open.
When the engine dies, the rack move across to the max
fuel position, then stays as the revs drop off. Pushing in the cold start at this point will revive the engine revs. If not, it stops.
The throttle position is still at max revs.
There is some diesel leakage past one of the pistons, spraying up a little into the housing.
I tried adjusting the max fuelling (??) by slackening the locknut and moving the cold start nut, but I don't seem to be doing anything. The nut just spins without any apparent movement of the rack.