Wrong - do people think that a piece of conductive material with green/yellow indicator sleeving works differently in any way than the other conductors?
It is a metal, the colour is only an indicator put there by the manufacturer for our convenience. If you then decide to place brown/blue/grey sleeving atop of the green/yellow, what possible difference does it make.
Earth core has not been bestowed with some magical curse, it is simple copper with a coloured cover. No decent Engineer would ever consider it any other way. The only consideration might be the reduced C.S.A. if it's PVC/PVC flat twin and skin.
In fact if you wanted to use g/y as line, blue as CPC and brown as neutral - with a good reason, there is nothing stopping you. The regs only state they should be clearly identified at access points and terminations. This could be the word LIVE, letter L, the word LINE, or a coloured section of sleeving.
AND... the regs are a guide, used to supplement/inform. We as qualified Engineers can deviate any way we choose, as long as it is safe, and justifiable.
Danny