Thanks for having a look. Ive changed the float needle and seat 3 times now and doesn't work, but works in another carb. Tried a different float and still no joy.
This is what I tried to work out. How else could fuel get out of the jet if the float was sealed? The only other route I could see - other than something more dramatic, for example a crack in the casting - was if the thread around the seat was damaged allowing fuel to bypass the needle.
So if this was my carb I'd flip it upside-down, take the float cover off and either do as I did earlier (plumb in an air line) or connect the funnel again. The weight of the float should stop the fuel/air and show how/where else it's getting in.
I'm really quite interested in seeing what's causing this. I'm half way through the rebuild of some bike carbs (Keihin, 4 of for a flat-4 engine) and have been cursing them in the name of the HIF for it's simplicity, I'm starting to doubt that now!