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A fire brigade spokesman said there had been dozens of calls relating to the incident, with the first coming in at 11:40am.

According to reports, Studio 338 nightclub was on fire during the blaze.

A total of 14 people have been arrested on suspicion of arson.

(Image: TWITTER)

Dramatic pictures and video have been posted on social media of the view from miles around the city.

London Ambulance Service paramedics were rushed to the scene.

And people have taken to Twitter in support of those involved with the Studio 338 nightclub.

The venue had just gone through a major refurbishment.

It is marketed as an "Ibiza-style mega-club in South East London" which plays electronic music.

The club is also the home of music label Abode Records.

London Fire Brigade said a huge area surrounding the blaze has been cordoned off due to the presence of gas cylinders.

An LFB spokesman said: "The fire is affecting the ground and first floor of a nightclub. An industrial warehouse is completely alight.

"A scrap paper processing yard containing a number of outbuildings is also affected by the fire, along with around 40 pallets of paper."

It comes just days after a huge fire tore through a luxury apartment block in Dubai.