@dee
Found the definition of 'provider' which really sucks:
"A provider of a regulated user-to-user service or a regulated search service is a “UK provider” of the service if the provider is—
(a)an individual or individuals who are habitually resident in the United Kingdom, or
(b)an entity incorporated or formed under the law of any part of the United Kingdom."
Given the exemptions for news orgs, texts, and email, one could almost think this was targetted against people wanting to not be controlled by governments. The costs involved will be very substantial and the Act seems to think that everyone is in it for the money so have profits to cover these new expenses.