This picture was in the Oxford Mail, but credited to Network Rail.
It shows two "long-range stone-suckers", and the pipes lead to one of those vacuum excavation trucks. Deballasting isn't really evidence of what the planned work is, as it's the first step in most possible plans.
There's
another picture of just to the right of that, in railforums, that can be compared with the one we had from Linked-In.
You can't see much of the wing wall (shown by the
BBC» or in post #63), but you can see a steep slope down in the top of the embankment. The abutment's movement has led to shear strain in the soil over about three metres.
One the right, the "bearing" block sits on the abutment wall, while at the other side there is a column of brickwork so the bearing sits forward of the wall. That must be to do with the skew of the bridge; my guess is that the abutment wall turned out to be not parallel to the mid-river pier, and this gets over that problem. The size of that column does suggest that supporting the weight of the bridge was not a big deal, for the 1906 designers.
The left wing wall has failed in shear, but the vertical movement across it is less than two courses (20 cm) so well short of the full distance. But a lot of the outer half has been patched or even rebuilt. So I wonder if that got so bad that major reconstruction was needed, and more than once. When the brickwork is intact, with good strong mortar and engineering bricks, it can provide significant support to the abutment. Once it fails it can't, so that may be one reason for the "sudden" burst of subsidence recently.
If flooding is relevant, then like ellendune I don't see how that can have much impact under the abutment (and below the water table). Surely it is the embankment that is likely to be destabilised most by a thorough soaking. And it does take significant shear stress to produce the observed shear strain in settled soil, which is another upward supporting force for the abutment. Soggy soil is more mobile, so a lot of the supporting force disappears. In combination, the total reduction in upward force could explain the extra and rapid subsidence recently.
Incidentally, what looks like horizontal shear between the brick courses isn't due to any extra cause, it's just how shear works. The internal bricks feel much the same forces whether the shear is applied to the sides or the top and bottom. There's a more complicated, and rigorous, explanation of all this but it means resorting to tensors ...