He took his foot of the brake as he passed the lights..therefore one (with intelligence) would assume he wanted to accelerate (after the lights)
I don't know and have never heard of anyone taking their foot of the brake when trying desperately to avoid an accident.
I doubt they'd do it to another car, so why do it to a bike? Many will no doubt say because it's 'only a bike', which is frankly no justification whatsoever. The Highway Code clearly stipulates the requirements for passing vulnerable road users - nowhere included in that text does it say you can pass as close as you want whilst inventing your own rules.
The cyclist is clearly in primary to detect crap passing and to retain better positioning. You can clearly see the hazards: wet, dark roads, parked vehicles ahead (no, the cyclist is not required to ride in the gutter and wait - how stupid). You can also see two lanes - all the other drivers are passing in the other lane. What's so hard about giving room and using the other lane? Everything, apparently. So screw everyone else, I'll just squeeze past in the vain hope I don't crush you under a ton of steel. Yeah, that sounds like a fair interpretation of the rules - NOT.
Nice legal plate layout, too.