"The time has come," the Walrus said!
It was always on the cards! Even in my time in the MOD it was included as a line in the annual LTC review. It would now appear inevitable as the RAF shrinks to almost a token force. It can no longer be seen as an essential recruitment tool as the requirement for pilots is slim to say the least! Furthermore, how much longer will FJ pilots be required to fly in close formation? Is it a necessary skill in this day and age?
If we can't afford to operate two aircraft carriers then how can we afford the Reds? I know they will be sadly missed by all the small kids, many of whom have never seen a low flying aircraft. A great shame but a sign of the times!