You still have a separate password that authenticates you without biometrics.
The touch + passcode is nice because even if someone watches you enter your passcode it won't matter unless they can spoof the fingerprint reader too, which is highly unlikely. And you can use a much shorter passcode for convenience.
No, in the UK they can't just take your finger and press it to your phone or point it at your face to unlock it. They can service you a notice demanding access to your phone, and not providing access is a crime.
In most countries they can. Which is why you should (in a perfect world) have password or fingerprint unlock, and if you use the fingerprint, the phone wipes itself. Not even Graphene supports this.
Yes, but wouldn't the fact that you intentionally set the phone up to wipe itself be enough to charge you for that? You've pretty much made a booby trap for the police.
Just want to add, the overhead cameras at checkout are pointed straight down and can read your phone password as you put it in to pull up Apple Pay.