One side effect it had on scuba divers. I had a large sharp knife strapped to my leg as indeed did all of us. If you got caught on say a rope underwater it could be a lifesaver. The police eventually allowed us to have knives but we were not allowed to wear them until a moment before we entered to water. Not very handy and if boat diving ignored anyway.
Yeah, it's an interesting; often-exploited grey area. As I'm sure you're aware you're legally allowed to carry fixed-blade / locking knives above 3" in blade length with good reason - however in your case they've obviously chosen to push that as far as they can in insisting you can't have them on you until the last minute.
Obviously ironic that, in over-reaching in the application of legislation that's intended to protect life, that they inadvertantly endanger it instead.
It'd be nice if our overlords sought to address the socio-economic reasons that drive violence and knife-crime, rather than attempting to restrict the means by which it's perpetrated... although of course they're never going to do this since it runs counter to their own agenda and is arguably the direct result of the division and dissatisfaction they intentionally sow to maintain control.