You must stop at a red light, Watty.... but that doesn't mean you must go at a green light.
It's interesting that the picture in that report shows the traffic signal as being green for "Bus". Whether that's relevant or not it does raise certain concerns. Often folk who break lights act on anticipation. Just to extrapolate using the "Bus" assumption in the circumstances particular to the accident in question as an example. The "Bus" light is only visible from one side and is, obviously, specific to traffic in the bus lane hence the cyclist could travel on his route every day and not be aware of the existence of that signal so has it in his head that there's a significant delay between his light going red and the opposing light going green, a delay he perhaps concluded he could safely exploit. In any event, it's probably fair to conclude that he didn't intentionally cycle into the path of an accelerating vehicle. Whether or not he was or should have been visible to the driver is another matter altogether. Was it dark? What was the weather like? Was he wearing dark clothing? Was his bicycle fitted with lights as required by law? etc, etc...