Under academy funding rules, schools and trusts aren't allowed to make severance payments of more than # 50,000 without approval. (schoolsweek.co.uk)
Having access to this data would enable users to assess whether or not we should genuinely be concerned about academy funding. (thenferblog.org)
Credit in this context means borrowing, and borrowing does require SSE consent under Schedule 1 of the Education Act 2002, and also under Academy Funding Agreements. (educationbusinessuk.net)