> who could then integrate it and/or licence it on
Were that to happen, there's a strong likelihood that it would no longer be available at no cost - after all, any licencee is likely to have to pay for that licence, and they're going to want to recoup that cost.
The upshot is that we, as consumers, will end up paying money to retain the service, and that money will end up in the pocket of some pol's buddy.
> Before folks start claiming this would be 'Blackmail
It's worse than blackmail, it's the appropriation by the State of a company's property. That tends to set very dangerous precedents - and means companies simply stop coming to Britain. That's not good for trade...
> But this would require gonads our Government and Civil Servants don't have
No, it would require powers they don't have. Preventing Google from operating in Britain would be a very difficult thing to achieve, and one which, ultimately, is unlikely to be good for the population.