Hmmmmm
Perhaps it's that weird weather you have going around in circles back there.
See if you take the cap off the dist. and rotate the engine. You ought to get a spark from the coil wire to ground as each lobe of the cam, magnetic rod or slot in the optical disk passes the pickup (depending on the ign. system you have). If you get a spark at all four times, then the problem must be in the cap, rotor or wire. If not, the only spot not common to all the cyls. would be in the pickup to timing rotor or cam.
I know my terminology may be incorrect, it's a long time since handling MGBs, but it,s basicly the same as my 75 Spitfire.
I had several hidden problems and finally replaced the Lucas system with a unit similar to the Crane unit that I got at a swap meet for 20 bucks. Simple conversion and it's run fine ever since.
Hope you get it running soon, as it's a lot more fun on the road than in the garage.
My daughter's boyfriend is back in your area for a few weeks and says it's been pretty wild.
Good luck.
Dave T