At a glance...
• Kensington and Chelsea Council plans to make low-income residents pay council tax for the first time and double bills for second-home owners to address a £139 million funding gap
• The council blames Government funding cuts under the Fair Funding Review, warning of inevitable tax rises and service reductions
• London Councils warn the capital faces a £4.7 billion shortfall by 2029, with many boroughs at risk of bankruptcy or needing emergency Government bailouts.