Also need to point out that £30m includes exceptional expenditure and, if TB etc have any sense, a little accrual from this FY to the last FY to help with FFP.
That would only be the case if TB were happy to fund losses of over £8m this FY. If £8m this year co-incidentally happened to be the max level of funding that TB were prepared to put into operating losses, there'd be no need for an accrual. Trying to figure out if there are, ahem, "extra" accruals in a FY is a pointer to what level of funding TB would be prepared to make if FFP didn't exist. Based on very little, my own take is that TB's appetite for losses isn't far away from FFP limits...