The CAA has just issued its
Follow-up Action on Occurrence Report, on the Shoreham accident, which seems to me to be generally laudable, although experts in air displays may quibble with some of it, I don't know.
The last paragraph gives me a lot of hope for the future, because it seems that simple common-sense has taken charge;
.... The CAA does not believe that a safety target for UK civil display flying is appropriate.
Air display flying carries inherent risks. The purpose of the CAA’s comprehensive review of UK civil air displays has been to assess whether it is possible to minimise further the risks at and around civil air displays in the UK. The series of improvements that the CAA has put in place as a result of its review of UK civil air displays will further enhance public safety.