No, I just checked and
WHB doesn't offer VPS in the UK.
You should be backing up your db daily! There's no "commitment" involved once you have it set up. A cron script compresses it in the morning, and my desktop task scheduler FTPs it to home at noon. Once a month I go in and delete all but the last couple and at the same time use Cpanel to manually do a full site backup.
The folly of depending on the host came home a couple years ago when we were suspended. Although we were quickly reinstated, I learned my lesson. If we had to move to a new host at that point, all the backups in the world stored at the host would have been totally useless.