Which is exactly what the local newspaper to the Red arrows said. At worse it was to be a relocation to another base but as usual it was completely blown up out of proportion by the web site originally posted here.
A storm in a teacup and a complete mis read of the original situation. During all the debate here no one actually could find an authoritative link confirming any thoughts of disbanding them.
Actually, I would be quite happy if they were disbanded, but we have had that debate.