I see Kyle, the clueless Secretary of State for Science, Innovation and Technology has put his name to the Government press release (linked above) which states...
'As well as legal duties to keep children safe, the very same law places clear and unequivocal duties on platforms to protect freedom of expression. Failure to meet either obligation can lead to severe penalties, including fines of up to 10% of global revenue or £18 million, whichever is greater.'
Really? So now the Act protects freedom of expression with the same eye-watering financial penalties for noncompliance? I must have missed that while wading through the bazillion pages of waffle relating to the Act.