No - you may find it difficult to get a place (particularly with the same funding body), but it is not a rule. For most UK research councils if you give up before the end of your first year, the supervisor is allowed to re-advertise the studentship. If you give up after this your supervisor will be unable to get a new student to complete the work, without applying for new funding.
If you are half way through an unsatisfactory PhD (and most students will find their PhD unsatisfactory at some point) it may be worth sticking with it. Another 12 months work could see you with a completed thesis and then you can move into whatever new field of research you are currently being tempted by.