> Luckily, after descending 500ft in about 18 seconds, audible warnings in the cockpit alerted the crew that things were going awry and they very quickly remedied the situation.
If you read the UK Government report that is not what happened. The plane was at 1500 ft when it began to descend. At 1300 ft the warning sounds activated and the pilot reacted but it took another 300 ft of descent before the pilot was able to fully recover from the descent.
Poor reporting from the BBC.