Kensington and Chelsea Council has approved an extension of its Small Business Rate Relief Scheme, ensuring continued financial support for local businesses. The scheme will now run from the 2026/27 financial year through to 2028/29.

The decision was made by the council's Leadership Team during their meeting on Wednesday, March 25, 2026. The initiative aims to provide financial assistance to small businesses within the borough, helping them manage their business rates and fostering local economic growth.

The details of the approved scheme are outlined in the report titled Supporting Small Business Rate Relief Scheme 2026/27- 2028/29 (KD1013638R), which was presented to the Leadership Team. The approval of this scheme signifies the council's commitment to supporting the small business community.