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The gang of terrorists struck just after 10pm on Monday after a white Transit van hit a crowd of people on London Bridge.

Police say three men – reportedly armed with hunting knives – leapt out of the van and starting stabbing people in the vicinity.

They then attacked restaurants and bars in nearby Borough Market, while shouting "this is for Allah".

The trio had "foot-long" knives but were shot dead by armed police just eight minutes after the first emergency call was made.

The depraved jihadis were gunned down by an "unprecedented" 50 rounds of ammunition, the Met's Assistant Commissioner Mark Rowley has confirmed.

Gas canisters appeared to be strapped to their chests but the devices turned out to be hoaxes.

But despite the horrific atrocity, the Prime Minister confirmed today that the threat level will remain at "critical".

A vigil will be held at 6pm today near London Bridge in honour of the victims of the attack.

A minute's silence will take place at 11am tomorrow.

Of the seven victims, two have been identified – Canadian Christine Archibald and a French national, the country's Prime Minister Justin Trudeau has confirmed.

And the NHS has confirmed that 48 people, with 21 in a critical condition, have been taken to six hospitals for treatment, with those less seriously wounded treated at the scene.

Four police officers were among the injured. Today a fast-moving police investigation has led to raids this morning in east London.

12 people were arrested in Barking, east London, last night.

Prime Minister Theresa May has said "enough is enough" in a resolute speech outside Downing Street she said "united we will take on and defeat our enemies".

(Image: GETTY)

A huge cordon is still in place around the scene as police are not ruling out that other attackers might still be at large.

A picture emerged earlier of a suspect in an Arsenal shirt with canisters strapped to his chest being detained outside the Wheatsheaf pub.

Several blasts were heard in the area afterwards, but are thought to have been police controlled explosions.

Cops in riot gear combed the streets along with members of the armed forces.

The public were told to "run, hide and tell".

Thousands of people were evacuated from hotels and bars in the area or hid in restaurant basements and under tables.

Guy's Hospital and St Thomas' Hospital were both placed on lockdown to keep staff and patients safe.

Speaking outside Number 10, Mrs May said the UK was in the "grip of copycat attacks" and said things needed to change in how the country combatted terror.

She added: "As a country, our response must be as it has always been when we have been confronted by violence.

"We must come together, we must pull together, and united we will take on and defeat our enemies."

(Image: SKY/TWITTER)

Tube stations in the area have reopened.

One terrified woman said she was at a restaurant when police swarmed the area.

She said: “We had to run. There was loads of shooting.”

It comes just two months after a terrorist mowed down pedestrians at Westminster Bridge before stabbing an unarmed cop. Five victims were killed in the attack.

London Mayor Sadiq Khan has said: "We don't yet know the full details, but this was a deliberate and cowardly attack on innocent Londoners and visitors to our city enjoying their Saturday night.

"I condemn it in the strongest possible terms. There is no justification whatsoever for such barbaric acts."

The horrific attack comes just under two weeks after 22 people were killed when an ISIS-inspired jihadi blew himself up at an Ariana Grande concert at the Manchester Arena.

Yesterday, 80,000 people were evacuated from a rock festival in Germany as police looked to prevent a terrorist attack.

And just last week a terror expert warned Daily Star Online jihadis are looking to hijack the month of Ramadan to carry out hits.