This, and other similar legislation, serve as a constant reminder of why the American founding fathers had to revolt against tyranny, and why constitution amendments like the 1st and 4th exist. The 4th in particular was written as a response to a British law similar to Chat Control (writs of assistance).
Sadly doesn't seem to make much difference, though. If anything the UK is less authoritarian than the US now.
And then you got the patriot act.