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Or Facebook/Google/Microsoft/Apple threatens to pull out of the UK due to insistence on a backdoor.
Like they have in China. Or the US. Or the UK where this was already in place years ago (albeit now it is official).
We'd be naïve to think that any of these organisations are protectors of anything other than their own self-interests.
I imagine this will all blow back up again the first time one of the providers gets hacked or they all push prices up to cover the additional cost of implementation.
Or Facebook/Google/Microsoft/Apple threatens to pull out of the UK due to insistence on a backdoor.