This new band will be made license exempt, but that requires a change to the Wireless Telegraphy Act which Ofcom is progressing.
The band was extended after the 2nd consultation (the 10.5GHz band consultation) as respondents complained there was not enough bandwidth in the proposed 10.577 to 10.597 GHz band and Ofcom has now extended this band.
No new SRDs will be allowed to operate in the existing band.
Ofcom will issue a consultation on the proposed regulations shortly.
The full statement can be found here as a PDF.