I feel it is important to point out that the UK doesn't have freedom of speech, has never had freedom of speech and at this point doesn't look like it ever will. The idea of freedom of speech actually comes from the Netherlands and was first codified in the US. The UK never adopted it.
The person floating this idea (of removing jury trials) would gain the power to imprison people simply for criticizing the government (and anything he didn't like really). But sure, plea bargaining isn't a perfect idea so whatever the British government does is fine.
PS A few more sacred cows while I'm at it (just for fun): - The stereotypical British accent was formed after the US Revolution, before that Brits sounded like Americans (and visa versa) - Richard the Lionheart didn't speak English but instead spoke French - Churchill was lousy at military strategy and opposed the Normandy landings