365 mx record co uk.mail.protection.outlook

A MX record!

The MX record you provided is:

365 mx record co.uk.mail.protection.outlook

Let's break it down:

In other words, this MX record is telling the world that the mail server responsible for accepting email messages for the co.uk domain is located at mail.protection.outlook, which is likely a Microsoft 365 mail server.

When an email client or server wants to send an email to a user with a co.uk email address, it will look up this MX record and use the specified mail server to deliver the email.