England's far from out. Even she loses Edinburgh to the Fatherland she still has a chance: merely leave Liverpool vacant for a possible build (which is safe given that no adjacent unit threatens Liverpool) and take the Iberian Gamble - like Reveilled said, you have a 50% chance of stealing Spain or Portugal.
Should you capture the supply centre, build a unit in the vacant Liverpool and you're back in the game. Come on everyone (except France and Germany), get behind Archie! Hip-hip-hooray good chap! :cool: