FT.com says
"The immediate cause of the blasts, the first of which was reported at 8.49am at Aldgate station, was described by the BTP as a power surge. The BTP confirmed there were a number of "walking wounded" and one report of a person classed as "life at risk".
Four other incidents were reported at Edgeware Road station, King's Cross, Old Street and Russell Square. Passengers spoke of hearing a "huge thud" at Edgware Road station and travellers emerged from tunnels covered in blood and soot and with torn clothing.
Shares on the FTSE 100 lost almost 1 per cent after the blasts, which come just a day after London won its bid to host the 2012 Olympics in a closely fought contest with Paris."
Update...10.00am GMT
More explosions reported on a bus at Tavistock square, London. This is likely to be a bomb. No confirmation yet from authorities wether this is a terrost attack.
More reports of of explosions on three more buses around London.
Update...11.20am GMT
According to the BBC security correspondent, reports coming from Arab sources are stating that the explosions in London are likely to have been caused by Al-quaeda.
Update...12.00pm GMT
UK Prime Minister Tony Blair will leave the G8 Summit to head for London. The visibly shaken Blair said that he will return to the summit.
He confirmed that these are terrorists attacks.
The Al quaeda wing of the Jihad in Europe has claimed responsibility.
Also, a large rescue service is underway at Kings Cross Station. Fatalities have been reported and many severely injured passengers.
Update...3.30pm GMT
Emergency Number: 0780 1566 344
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