Is there a way to save content from a subfolder of the inbox in a format that can be read by MS Office Outlook?

I have to keep one email address separate for organisational reasons and need to move the message content accumulated in eM to an instance of MS Outlook [not!]. Savings each message as an individual file is not workable.

You can simply save/export the messages to .eml and then copy (drag and drop) them to Outlook. It should work without any problems.

Edit: You can also use a third party app for importing the eml files to Outlook.