Are you getting good visitors at the moment? ie chaps that are buying things.
If not then I would consider moving it to a uk server. That way you will get listed on google.co.uk but do run a risk of lossing position on google.com.. although IMO I dont think you will lose much if any on the google.com.
btw how are you testing this ? are you sitting on proxy server looking at google.com. As you do know that looking at google.com results on a uk ip will give you geo results.
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