At around 10pm, a white van began to veer off the road on London Bridge and to hit passengers walking on the pavement.
After having hit these people, three men came out of the vehicle and headed towards Borough Market, where they proceeded to stab people with long knives.
All three men were shot by armed police 8 minutes after the incident began.
The men were wearing "what looked like explosive vests but these were later established to be hoaxes", according to Assistant Police Commissioner, Mark Rowley. He also confirmed that the incident is being treated as a terrorist attack.
48 people have been injured in the attack and seven (it was perviously six, but the Police Commissioner confirmed another person had died) people have been killed.
There have been calls on social media for the 2017 General Election to be postponed due to the terrorist attack. There is also a petition here do so.
ITV's News Political Editor, Robert Peston has said that "politicians to suspend national campaigning today" after the terrorist attack.
Sky News has confirmed that the Conservatives and SNP have suspended campaigning following the attack. BBC News has confirmed that Labour will suspend it's campaigning today. Paul Nuttall has made a statement that UKIP will not suspend campaigning as "it is what these cowards want us to do".
After the COBR meeting, Theresa May made an statement outside Downing Street. Theresa May has announced that "enough is enough" in reference to the terrorist attack - she sees the main connection between all attacks in the past 3 months as "Islamist Extremism" and there is too much tolerance for it. She has also announced that the 2017 Election will go ahead.
Jeremy Corbyn has, following the yesterday's terrorist attack, critised the Conservatives for what he calls trying to "protect the public on the cheap" as he reasserts his promise to fund 10,000 more police officers, however the Conservatives have called this "desperate promises".