Hi All,
I may have a workaround - Downgrade back to v4201 until MS fixes the issue!
I have just tested this and it works for me, but I am the local admin for my machine so was able to run this:
Open command prompt as administrator, then run the following command:
"C:\Program Files\Common Files\microsoft shared\ClickToRun\officec2rclient.exe" /update user updatetoversion=16.0.17231.20236
If you are admin, it should kick off the process (if you are not running as admin you will get nothing - this happened to me first time).
You will see a few windows with progress bars:
"Downloading Microsoft 365 and Office updates..."
this one may take a while depending on yoru internet connection speed.
Then "Applying Updates". This one shodul be relatively quick.
Then "Updates were installed" - this indicates it all worked.
I was then able to open outlook, and confirm it was downgraded from v4202 to v4201 (File => Office Account =>About Outlook)
It's taken me a few days and many hours of troubleshooting, so I hope this helps everybody on this thread :).
Jos