Arran Cameron:
The service cut-out is a grey Henley that looks like it was installed only a few years ago. It can be unscrewed from the chipboard panel without having to open it up.
The supply cable could date back to the 1930s. It most likely is a PILC.
I'd be very surprised if all the screws were accessible.
I should say that the cable which I watched being moved was only about 4 years old, so adequately flexible.
It is usually helpful to have a photograph of the installation, but from the sound of it, the service cable within the room is very short, so moving it away from the wall by any significant amount will present a significant hazard. At the very least, ask the DNO to pop in and advise.
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