If a nation's government is really determined to put you out of business you need to consider other ways of making money.
I think if the UK government is really serious about this -- your customer base in the UK will just move into the undercurrents of the Internet.
With IP V6 there are so many possibilities, not being able to use DNS and FQDNs will be a handicap but real porndogs with money (digital currency) to spend will be out there. Conversion rates will be great -- traffic will not be king --that's all.
This will be very counter-productive to legitimate law enforcement needs as the content will be totally lawless with the market oriented exclusively to the consumer's demands.
Blowback is a bitch