As has been previously said, any MDF produced in the UK is manufactured to E1 standard for formaldehyde emissions. This basically means it is safe to us in just about all situations, and also to repeat what has been said there is more formaldehyde in carpet than in E1 MDF.
The overwhelming majority of MDF traded in the UK is domestically produced and with the odd exception of Chinese MDF you shouldnt have any problems (Chinese MDF is generally a lot darker, denser and more smelly of fish than domestic board). Formaldehyde though is a VOC contained within trees and is found in all wood products without exception, regardless of the country of origin.
In certain specific circumstances (usually either in manufacture of material for use in museums, or when you get an over zelous architect) then zero added formaldehyde MDF is used - "Medite Ecologique" for reasonable money but only generally available readily in 18mm 8 x 4. Exterior MDF "Medex" is also zero added formaldehyde but is much, much more expensive but generally available in many more permutations commercially.