yes. the light comes on when the gauge hits red (110degrees AFAIK)
if the fan didn't come on check the fuses for it, I think the fan fuse is actually under the bonnet instead of inside the car (look in manual it tells you where).
if the fuse is OK and the fuse socket isn't burn't or melted atall then look for the fan relay and check that is OK.
if both are OK, then you need to maybe replace the fan 'stat its somewhere screwed into the back of the radiator. you'll need to ask for advise to check/change that