In a report just published, the Network claims that on average workers earn £6.83 per hour. The GLA has calculated that earning below £7.25 in London means that you are likely to be below the poverty line, even with benefits and tax credits.

The supermarkets have defended their records, with some criticising the small sample (100) of workers who were surveyed for the research.

The London Living Wage campaign is currently focusing on retail companies, most of whom pay below the rate, which is currently set by the GLA at £8.30 per hour.

Find out more about low pay in London.

Find out more about the London Living Wage campaign.

To deal with this problem, the Government is apparently considering a number of options and the Prime Minister has promised shareholders a binding vote on executive pay.

Opposition Leader, Ed Milliband, promised that a future Labour Government would implement in full a blueprint published by the independent High Pay Commission in November. Its proposals include putting employees on remuneration committees; publishing the top 10 executive pay packages outside the boardroom; forcing companies to publish a pay ratio between the highest-paid executive and the median; forcing companies to reveal the total pay earned by executives; and setting up a permanent body to monitor high pay.

Find out more about pay inequality in London.

Find out more about wealth inequality in London.

Read more of this story from the BBC.

Read more about the Prime Minister's interview from The Telegraph.

Read more about Labour's proposals from The Independent.

The High Pay Commission

London boroughs Islington, Hackney, Westminster and Camden all feature in the top 10 list of areas worst affected.

End Child Poverty has also published poverty rates by parliamentary constituency, with Bethnal Green and Bow having the highest poverty rate in the UK.

Find out more about child poverty in London.

Find out more from the End Child Poverty campaign

CIH concluded that 720,000 homes will become unaffordable to those on low incomes in England, 60,000 in Scotland, and 30,000 in Wales. London and the south east will be hit hardest, where a quarter of a million homes will become unaffordable.

The affordability changes are partly the result of Local Housing Allowance (LHA) caps that come into force this week. These restrict the maximum payment to between £250 and £400 a week depending on the number of bedrooms. In addition, the research included the projected impact of setting LHA rates according to the 30th percentile of local rents rather than the median, which will be introduced from April.

Read more from Chartered Institute of Housing.

Find out more about the changes to Housing Benefit.

See our analysis of the potential impact on households in London.

The revised Housing Strategy will replace the Mayor's first strategy published in February 2010, and responds to changes in funding allocation and proposed changes to powers over housing in the Localism Bill.

This week also saw Labour's Mayoral candidate, Ken Livingstone, announce plans for a London Living Rent and a public lettings agency, and Shelter warn that London families face the highest risk of eviction.

Read more about Ken Livingstone's announcement from The Guardian.

Read more about Shelter's new research.

Download the draft Housing Strategy from the Greater London Authority.

Find out more about housing and homelessness in London.

GLA Economics argues that the official Department for Energy and Climate Change (DECC) measure for fuel poverty underestimates the incidence of fuel poverty in the capital due to the inclusion of housing-related benefits as income, which in London reflect higher housing costs rather than higher disposable income.

Using instead a 'basic income' component, the GLA suggests that the incidence of fuel poverty in London is 18.6 per cent, compared to 13.3 per cent on the DECC measure. Furthermore, the actual numbers of households involved are very substantial, although the 12.9 per cent share of national households in fuel poverty is slightly less than London's share of English households. When severe fuel poverty is examined, there are more than 126,400 households in London falling within the definition.

Moreover, in the case of both fuel poverty and severe fuel poverty, there are significant numbers in the capital just beneath the threshold level.

Read the full paper from GLA Economics.

Find out more about the impact of housing costs in measuring poverty in London.

A majority (54%) now believe that social security benefits are too high.

Moreover, the proportion in England willing to pay higher taxes to support the National Health Service, schools or the environment, has halved to just 30%.

Nevertheless, 75% of those questioned believed the gap between rich and poor was too large.

Editor of the report, Alison Park, told the BBC that the findings were not typical of times of austerity.

She said: "In previous recessions, we have found that people's sympathy for unemployment benefit recipients tends to go up - but we haven't really seen that yet."

Read more from the BBC.

Find out more about income poverty in London.

Find out more about income and wealth inequality in London.

Download the British Social Attitudes dataset.

In London, the number of new affordable homes since April 2011 was 56, compared with thousands in the previous year.

These figures were released the day after the Government published its housing strategy.

Find out more about housing and homelessness in London.

The report documents the disproportionate increases in remuneration which have concentrated wealth in the top 0.1% and away from average workers. It suggests this is damaging the British economy by distorting markets and rewarding failure.

The High Pay Commission concludes with a 12-point plan based on transparency, accountability and fairness to address rising pay inequalities.

Read the High Pay Commission's final report.

Find out more about inequality in London.

Find out more about low pay in London.

Overall earnings growth was even lower, with the average UK salary increasing just 0.5% on 2010 levels once part-time workers are included.

This was driven by a shift to part-time work as a result of high unemployment and low economic growth: the indicative figures for 2011 included 380,000 fewer full-time workers than a year before, with 72,000 more part-time employees.

Progress in closing the gender pay gap has also slowed, with women in full-time employment earning on average £5,409 less than men - the gap narrowed by £179 in 2010 compared with £558 in 2009.

The headline figures also masked sizeable falls in pay for some of the UK's lowest-earning professions - and sizeable salary boosts for senior managers and directors.

Workers in "elementary occupations", a classification including labourers, farm workers, postal workers and others, saw their typical pay fall 0.9% against its 2010 level, while professional pay rose 1% and managerial salaries rose 0.5%.

Directors and chief executives of leading organisations enjoyed the most sizeable pay rises, with median earnings up 15% to £112,157. Salaries of senior corporate managers also increased substantially - up 7.1% year-on-year to £77,679.

By contrast, the annual pay of waiters and waitresses (mostly part-time workers) fell 11.2% year-on-year to £5,660 - the most substantial drop of any group of workers. Cleaning staff earnings fell 3.4%.

The amount of pay needed to be in the top 10% of full-time earners increased by 1.9% since 2010, to £52,643; while the threshold for the bottom 10% of full-time workers increased 0.6%, to £14,905.

Read the findings of the Annual Survey of Hours and Earnings from the Office for National Statistics.

Find out more about income inequality in London.

Find out more about income poverty in London.

Find out more about low pay in London.

London Councils, the umbrella organisation for London's 33 local authorities, commissioned independent research to examine how the government's plans to overhaul the benefits system will affect the capital.

The Government has outlined its intention to save £7bn a year, and provide more incentives for unemployed people to return to work, by replacing a range of welfare entitlements in the UK with a single benefit known as Universal Credit (UC).

As part of these proposals, the total amount that workless households across the country will be able to receive in benefits will be capped. This cap is expected to be £350 a week for single person households and £500 for all others - the median household earnings in the UK.

The report, "Does the cap fit? An analysis of the impact of welfare reform in London," suggests that these changes are likely to significantly impact on households in London, because the government's policy takes no account of higher housing costs in the capital. For example, the report estimates that one in five families with one child would be unable to afford their rent. A quarter of families with two children will be unable to afford their rent.

Researchers looked at both the impact of the UC cap, and changes to the Local Housing Allowance (LHA), which will reduce the amount of housing benefit available to private sector tenants. By looking at the records of more than 480,000 households receiving housing benefit across 24 boroughs, they have uncovered a detailed picture of the impact on affordability of housing in London.

It shows that the Universal Credit is likely to have an impact on a much larger number of households and involve greater losses, than the Local Housing Allowance changes. The average loss across London for households affected by the UC cap is £105.

Read the London Councils report.

Find out more about changes to Housing Benefit.

Find out more about the preditcted impact of Universal Credit from the IFS.

Find out more about workless households in London.

"The financial sector has taken a disproportionate share of economic growth, and it is not surprising that we are seeing such popular discontent," NIESR Director Jonathan Portes commented to Reuters. "The prospect of income inequality is likely to rise again, driven both by structural change and governmental policies."

In addition, findings from the Centre for Economic Performance (CEP) at LSE show that pay over the last decades rose fastest for those at the very top of the income distribution. Between 1998 and 2008, the top 1 per cent of earners increased their share of the total income by 2.8 percentage points.

The gainers were spread across many professions and industries, with the top earners in most fields having large wage gains relative to the average worker. This was true for lawyers, bankers, CEOs and sport stars.

Findings by CEP show that two-thirds of the income gains for the top 1 per cent went to people working in finance, with almost all of the gain in bonuses.

CEOs have also done well during the 2000s. While research covering the 1980s and early 1990s found a weak or non-existent link between CEO pay and performance, this changed over the last decade with a larger share of executive pay in the form of equity-linked compensation and an increased focus on corporate governance. New research from the CEP suggests a much stronger link between pay and performance for senior executives.

Read more from the Economic and Social Research Council.

Find out more about income inequality in London.

Find out more about low pay in London.

See also the High Pay Commission.

Key findings include:

• According to the HM Revenue and Customs measure of child poverty, 30 per cent of children in London were living in poverty, the highest proportion of any UK region.

• Children in Tower Hamlets are almost five times as likely to be in poverty as those living in Richmond upon Thames.

• More than three quarters of all children in poverty on this measure are in households receiving either Income Support or Jobseeker's Allowance.

Read more and download the latest report from GLA Intelligence.

The DWP measure of poverty shows a higher proportion of children in poverty in London - 38 per cent on most recent figures. Find out more from the London's Poverty Profile.

This represents the largest cut in education spending over any four-year period since at least the 1950s. The cuts will be deepest for capital spending and higher education, followed by 16-19 education and early years provision. Schools spending is relatively protected, and schools with the most deprived intakes are likely to see real-terms increases in funding. However, the majority of schools will see real-terms cuts.

Read more from the IFS or download the full report.

Find our more about educational outcomes in London including qualifications at 19 and early years development.

Incomes Data Services (IDS) said this took the average pay for a director of a FTSE 100 company to just under £2.7m, including salary, benefits and bonuses.

This contrasts with the average pay settlements of 2.6% for private sector workers, according to Income Data Services. Inflation is estimated to be running at 5.2%.

The increase in directors' rewards in recent years do not appear to be closely linked to rises in share price value or profitability, according to the High Pay Commission.

Find out more about inequality in London.

Read more from the BBC.