Fairer Funding formula
Kensington and Chelsea Council is currently grappling with a significant funding gap, largely attributed to the government's Fairer Funding formula.
Kensington and Chelsea Council is facing a projected funding gap of over £120 million over the next four years, with £108 million of this attributed to the government's Fairer Funding formula. The Leader of the Council, Councillor Elizabeth Campbell, described this shortfall as unfair. This financial reality was detailed at a Leadership Team meeting in October 2026.
The council's resources are projected to be reduced by over 40% due to the formula, which is used by the government to allocate funding to local councils. No further discussions on the Fairer Funding formula are currently scheduled.
Key facts
- Kensington and Chelsea Council projects a £120 million funding gap over four years. Source
- £108 million of this projected shortfall is attributed to the Fairer Funding formula. Source
- The council's resources are projected to be reduced by over 40% due to the Fairer Funding formula. Source
- The financial impact was discussed at a Kensington and Chelsea Leadership Team meeting on 13 October 2026. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 14 October 2026. Spotted a mistake? Email community@opencouncil.network.