[DemolitionRed]

There are no reports of shots fired, Met Police have said, according to Reuters.

Here's the Met's full statement:

To date police have not located any trace of any suspects, evidence of shots fired or causalities. Officers continue to work with colleagues from British Transport Police in the area of Oxford Circus.

Updates will be provided as soon as we have them.

If you are in building stay in a building, if you are on the street in Oxford Street leave the area.

Officers are continuing to search the area.