A man has been arrested after a knife attack in which five people were injured at an Argos warehouse in Croydon, south London.

One of those who was hurt in the incident, on Thursday morning, told the PA news agency the person who attacked him was “stabbing at me like a serial killer” and that he fought him off by hitting him on the head with a fire extinguisher.

Five people were treated for injuries after the incident at the Argos depot on Marlowe Way in the Beddington area of Croydon.

One was taken to a major trauma centre in London and four others were transported to hospital, the London Ambulance Service said.

Joseph Denton, 29, described being at the site for an audit and hearing shouting from the warehouse.

He said: “We thought we’ve got to go and help them.

“[The attacker] was stabbing at me, and I was deflecting it. He sliced my finger open and got a couple of other cuts on my arms, and then basically fought him off there.

“I picked up a fire extinguisher and opened the door and hit him on the head with it. There were about six of us all attacking him at this point, and then he ran off.”

Police said one of those taken to hospital was a 54-year-old man whose “injuries were deemed non-life-threatening”.

It is not clear whether one of those taken for treatment includes the arrested man.

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Asked about the knife, Mr Denton said: “It was literally the size of my face. It was a Rambo knife about eight inches, with all jagged edges.

“He had his thing just stabbing at me like a serial killer,” he added.

A London Ambulance Service spokesperson said: “We were called at 10.21am this morning to reports of a stabbing incident in Marlowe Way, Croydon.

“We sent a number of resources to the scene, including ambulance crews, a paramedic in a fast response car, an incident response officer, members of our Tactical Response Unit and London’s Air Ambulance.”

An air ambulance was seen in nearby Beddington Park, as part of the response.

An Argos spokesperson said: “We’re doing everything we can to support the teams on site and gathering as much information as possible to support the police with their investigation.”

US President Donald Trump has been criticised for launching a meme-coin while saying he “doesn’t know much” about the cryptocurrency.

The digital coin called TRUMP appeared on his social media accounts ahead of his inauguration on Monday and quickly became one of the most valuable crypto coins. The value of a single coin shot up to $75 within a day, but since has fallen to $39.

But the launch of the so-called meme-coin – a cryptocurrency with no utility other than for fun or speculation – has been widely criticised by industry insiders.

“Trump’s comments about not knowing much about the coin back up my opinion that he is making a mockery of the industry. It’s a stunt,” says Danny Scott, CEO of CoinCorner.

The latest dip in value came after Trump told reporters: “I don’t know much about it other than I launched it, other than it was very successful.”

When he was told his coin raised several billion dollars for him, he played it down saying “several billion – that’s peanuts for these guys” pointing to tech billionaires assembled for a press conference about AI.

It’s not the first time Trump has sold crypto products. He made millions from launching a series of NFTs of him in various superhero poses in 2022.

Some industry analysts say the president having his own meme coin is a sign that others should follow as a way to make money from supporters.

“TRUMP token just signaled to every company, municipality, university & individual brand that crypto can now be used as a capital formation and customer bootstrapping mechanism,” Jeff Dorman from investing firm Arca posted online.

However, the overall sentiment seems to be negative towards the president’s meme coin.

Many in the crypto world are waiting for Trump to back up campaign promises to help boost the industry in the US. People like Danny Scott hope to see focused plans, particularly around Bitcoin, from the administration.

Last year Trump promised Bitcoin fans he would make the US the “crypto capital of the planet”. A few days into his term, the president has not issued executive orders involving cryptocurrency, nor has he mentioned it in his speeches.

TRUMP coin is now the 25th most valuable crypto coin with a value of around $8 billion, according to the website CoinMarketCap.

Trump and the team behind it own 80% of the coins so, in theory, they would make billions of dollars if they sold their shares and the price remained the same.

This set-up has been described by crypto researchers at K33 as outdated for similar tokens.

“There’s no sugar-coating this – these tokenomics are horrendous for a meme-coin,” said David Zimmerman, a K33 analyst.

However, K33 analysts acknowledge that the remaining 80% of coins can’t be dumped on the open market so investors are partially shielded from price shocks.

There are thousands of cryptocurrency coins and anyone can create one.

First Lady Melania Trump launched her own meme-coin on the eve of the inauguration, which now has a value of $700m since slumping from $13 a coin to $2.70.

Meme-coins are often launched for fun and used by speculators to make money or to allow fans to show support to a celebrity or moment in internet culture.

But many have led to big losses for people investing in them.

Dan Hughes, from crypto firm Radix, thinks the president and his wife launching their meme-coins undermines the positives of the industry.

“This pattern of celebrity-driven token launches, particularly from political figures, potentially marks a concerning trend in crypto markets where influence and liquidity manipulation could overshadow fundamental value creation,” he said.

Others in the cryptocurrency world think that launching meme-coins to make money is degrading.

“The introduction of these coins during the presidential inauguration raises concerns about potential conflicts of interest and may undermine the dignity of the president and the first lady,” said Grzegorz Drozdz, market analyst at investment firm Conotoxia.

Southport triple murderer Axel Rudakubana has been jailed for life with a minimum term of 52 years.

Warning: This article contains details of violence that some readers might find distressing.

The 18-year-old pleaded guilty to the murders of Alice da Silva Aguiar, nine, Bebe King, six, and Elsie Dot Stancombe, seven, at a Taylor Swift-themed holiday club on the first day of his trial on Monday.

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He also admitted attempting to murder eight other children, aged between seven and 13, along with class instructor Leanne Lucas and businessman John Hayes at the Hart Space in the Merseyside town on 29 July last year.

He was sentenced at Liverpool Crown Court, but was not present for the judge’s remarks after telling his lawyer he would be “disruptive” during proceedings.

During sentencing earlier in the day he was twice ordered out of the dock after shouting that he “felt ill”.

Rudakubana told his lawyer he had chest pains, was too ill to continue and wanted to see a paramedic, but the judge said two paramedics had deemed him fit to continue.

Rudakubana was 17 when he walked into the dance studio before silently, indiscriminately stabbing his victims with a kitchen knife – a 20cm blade he had earlier bought on Amazon using encrypted software to hide his identity.

He stabbed some of his victims in the back as they tried to escape, pulling one girl back inside to attack her.

Rudakubana was arrested at the scene and while in custody was heard to say he was glad that the children were dead and that he was pleased by what he had achieved.

Police found a plastic kitchen box containing ricin under his bed in a search of his home in the village of Banks, Lancashire, along with other weapons including a machete and arrows.

An analysis of his devices revealed an obsession with violence, war and genocide, with documents discovered including an academic study of an al Qaeda training manual.

Police believe he used techniques he learned from the PDF file, which contained instructions on how to commit knife and ricin attacks, to carry out the mass stabbing.

Rudakubana has pleaded guilty to charges of producing ricin and possession of information useful for the purposes of terrorism.

But Merseyside Police Chief Constable Serena Kennedy said there was no evidence he ascribed to any political or religious ideology and was not fighting for a cause, so the “cowardly and vicious attack” was not treated as terrorism.

“This is a young man with an unhealthy obsession with violence,” she said.

“His only purpose was to kill the youngest and most vulnerable and spread the greatest level of fear and outrage, which he succeeded in doing.”

The government announced an inquiry into how the state failed to recognise the risk posed by Rudakubana and Prime Minister Sir Keir Starmer has said he will consider changing the definition of terrorism if necessary.

The teenager was referred three times by schools to the government’s anti-extremism programme between 2019 and 2021 over concerns about his interest in school shootings, Libyan dictator Muammar Gaddafi, and the London Bridge attacks.

He also had repeated contact with police, the courts, the justice system and the mental health services in the years before he carried out the attack, including over using school computers to research acts of violence.

Rudakubana was expelled from school for saying he was carrying a knife in October 2019, but returned to attack another pupil with a hockey stick, while carrying a knife in his backpack.

He pleaded guilty to assault, possession of an offensive weapon, and possession of a knife over the incident and received a youth justice referral order focused on knife crime.

His parents called police four times about his behaviour, including on one occasion in May 2022 after they restricted his access to a computer.

On another occasion in March of the same year, a bus driver called the police because he had not paid the fare, and he told officers he had a knife, but they took him home to talk to his mother about securing knives at home.

No disciplinary proceedings have been brought against anyone involved in dealing with his case.

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