I did English Language and I quite enjoyed it - and I think it did help me with my journalism course. Over the course, I remember correctly, we learnt about the different types of writing and styles (commentary, sports writing, parliamentary language, child language acquistion etc) which was pretty interesting (as well as language over time) but you also learn about the different types of verbs, adjectives.. and a lot about grammar. But if you think you'll enjoy the course - go for it.
I didn't take literature, so I can't really comment on it but I would say that you should go for the course that you'd enjoy most. There's no point in picking a course (that you'll do for two years, or fast-tracking for one year) that you'll resent/dislike doing mid-way through. Also, I'm sure there's plenty of universities that will take you on with a Language course!