The Chief Executive of Trust for London, which commissioned the research has called on policymakers to tackle the issues by building more affordable housing and employers to pay a Living Wage.
Work on its own is not a solution to London's poverty because of the growing number of low-paid jobs. The majority of working-age adults and children in poverty are now in families that work. Londoners are trying hard but are getting stuck; with many being impacted by high housing costs, low pay and limited career progression.
London's economy may be doing better than the rest of the country but that obscures the fact it has the highest poverty rate.
More top news
Young Londoners are finding it even more difficult to save for a deposit due to the inflating cost of rent.
Arthur Simpson-Kent, 48, has been detained by Metropolitan Police officers at Heathrow Airport after arriving on a flight from Ghana.
A number of flood alerts are in place for the tidal stretch of the River Thames after it burst its banks yesterday.