The Centre for London think-tank and Trust for London charity said the capital's economy could support a rate of £6.75 an hour for working adults; 7% higher than the statutory figure of £6.31.
The higher rate would increase the pay of around 175,000 workers by up to £800 a year, said the report.."
The national minimum wage, set by The Low PayCommission, does not take into consideration regional variations in theeconomy. The report argues that whereas low-paid workers in the rest of thecountry have benefitted from its introduction, those in London have not to thesame extent.
The report suggests that the very differentnature of the capital's economy means London employers could afford to pay ahigher minimum wage than they currently do, without causing job losses.
More top news
Kevin Davis, 53, ran a medical company and helped to treat a 15-year-old who had taken a drugs overdose despite not having qualifications.
Daniel Kaluuya is up against the likes of Daniel Day Lewis, Gary Oldman and Denzel Washington for Best Actor at the Oscars.
The 'Theatres at Risk' register lists venues across the country that are most likely to be lost and calls for local authorities to intervene