Hi
Thanks all for our help so far <img src="/images/graemlins/smile.gif" alt="" />
I have looked some more into the UK knife laws which are very restrictive and the leatherman wave is regarded as a fixed blade because of its locking mechanism and therefore classed as illegal in the UK for EDC.
This has left me with a search for non locking folding blades with a blade length less than 3" <img src="/images/graemlins/crazy.gif" alt="" />

With that in mind to stay on the safe side of the law I have bought a Victorinox Champ which has scissors saw blade etc but is excluded from the UK knife laws.
NB: The UK knife law also states that a public place can also mean inside a locked vehicle- and as such means that if I had a blade over 3" whether as part of a fixed blade or multi tool I would have to have a very good reason for having it- Crazy !!