Law or policy

Kensington and Chelsea Council budget

1 story · 1 council

Kensington and Chelsea Council is considering a substantial council tax increase to address a projected £53.9 million budget gap for 2027/28.

Kensington and Chelsea Council is facing a forecast budget gap of £53.9 million for the 2027/28 financial year. To address this, the council is considering a council tax rise of up to 70% and has identified £65.3 million in savings over the next four years. This challenge is attributed to a significant drop in government funding and rising costs, particularly in adult social care and housing, as reported in November 2026.

Council leaders stated in November 2026 that the government’s fair funding review is expected to reduce the council’s financial resources by over £100 million in the coming years. The potential tax rise is described as a last resort to balance the budget, which is the financial plan outlining the council's income and expenditure.

Key facts

  1. Kensington and Chelsea Council faces a forecast budget gap of £53.9 million for the 2027/28 financial year. Source
  2. The council is considering a council tax rise of up to 70% to balance the budget. Source
  3. £65.3 million of savings have been identified over the next four years. Source
  4. Council leaders expect the government’s fair funding review to cut financial resources by over £100 million. 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 13 November 2026. Spotted a mistake? Email community@opencouncil.network.

Latest stories

  1. Kensington and Chelsea council tax could rise 70% to fill £53.9m gap Council tax in Kensington and Chelsea could rise by up to 70% next financial year as the council faces an unprecedented financial challenge. Kensington and Chelsea 13 November 2026