This is very helpful. Unfortunately, if you open Date and Time prefs after doing this, it sets the time to London time (no matter where you had it set in the UI before).
If you lock the time to London, then quit Date and Time prefs, then change it on the commandline, it prompts for password (thanks to the lock), but then opening date and time prefs sets it back to London.
Here was the solution for me:
Open Date and Time prefs. It sets clock to London. Go to the commandline, use "systemsetup -settimezone GMT". The time will now be set to GMT (in the upper right corner on the menubar) even though the Date and Time prefs that you left open still shows London. Click the lock button, then quit Date and Time prefs. The clock stays on GMT. If you open Date and Time prefs, the time stays set to GMT even though the map shows London.
thanks for your quick response!! Hopefully Apple gets on things and adds a GMT option at some point.