Your site will be returned in SERP as well, it just may be listed higher if its hosted in your country than if its hosted in UK, this is what Google recommends.
But I have seen at forum that people just increase the us of the country name in their text to counter this for example, if my site is hosted in US and I want to be ranked well for UK keywords, I will just add for example "UK webmaster forums" and "webmaster forums uk" in my text as often as possible.
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