This transmitter doesn't really have the range for reliable global communication, it's optimised for covering the UK. For the global communication usecase, there are other networks of military transmitters (DHFCS) that are much better suited for the job, and they aren't being shut down any time soon.
What it did provide was a simple but reliable way to maintain emergency broadcast to general public within Britain. And it probably should have been kept online just for that reason.
Except nobody has a radio any more, certainly not one that receives LF. People have cellphones, and cellphones have a mandatory feature that lets the government display a message on everyone's screen, usually accompanied by loud and scary beeping. That's the new emergency broadcast mechanism. It's not as simple, but at least people actually see it.