Bob Cossey's history of 74 Sqn suggests that all Meteors were temporarily grounded as a result (Cossey doesn't refer to the second accident), and some skin wrinkling was detected, although there was no evidence that this had been a cause of the crash of Fg Off Ward. The grounding would seem to have been lifted very quickly.
As John Farley says, the standards were different then - Ward was the third casualty suffered by 74 Sqn in 3 months, and it would appear that while everyone was saddened by the loss of their comrades, the fatalities did nothing to impinge upon the effectiveness of the squadron, since it was accepted that this sort of thing just happened.