As I understand it, that setting does not prevent them training on user data, just which derivatives are used (i.e. just PII scrubbed vs certain types of synthetic summarization)
As I understand it, there is substantial question as to whether that actually stops them training on your data, it just perhaps changes what derivative processes are applied and used.
London has incredible AI talent but yeah, unfortunately most of them work on American tech. In another life Deepmind would not be owned by Google but alas.