Hi, your engine is either running hot (check this first) or your gauge is reading incorrectly. To check your gauge you need to disconnect the sender and connect appropriate resistor between the wire and engine block/head(ground). Gauge specs are C=73ohm, N=25ohm, H=10ohm
The sender is the same on the non RS Escorts. To check sender you will need to heat it in fluid and check resistance, it may be easier to just replace with a known good one or new.
Drilling your thermostat causes a very slow warm up and overcooling on cruise and driving downhill etc especially in cold weather. From experience its a waste of time and you shouldn't need to do it.
Good luck with your diagnosis.
Cheers
PS. On my RS at 90degC engine temp gauge sits just under first white line.