This is extremely encouraging news. Budget cuts are the best place to get rid of stuff that doesn’t deliver any value 
I am actually happy with the way that they’ve chosen to play it, because, like tibtom upthread, I think that (infuriating as it is), we have to leave a path for people to walk back from their extreme positions. I WANT to say “ha! I told you so!” and have people held to account, but that won’t move us on to actually making sure women’s rights are maintained, because that will end up looking like an extremist position too (it isn’t, of course). I draw the line when it comes to activists who have been responsible for abuse, threats, harming vulnerable people, trying to get people sacked and so on, though. The well of forgiveness runs quite dry, there.
So I’m happy to say “That’s great, EHRC, good decision. Now, moving on, let’s carry on talking about what we do when protected characteristics clash”.
Well played, Baroness Falkner. Interested to see what she does next.