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A man is filmed trying to justify a deadly attack on a man thought to be a serving soldier. Warning: Contains distressing images.A man reported to be a serving soldier has been hacked to death in Woolwich, south east London, in what is being treated as a terrorist attack. The two suspected attackers were shot by police following the incident in John Wilson Street, which Prime Minister David Cameron described as "truly shocking". Authorities believe the killing was a politically-motivated Islamist terrorist attack and a meeting of the Government's Cobra emergency committee has been called. Video has emerged that appears to show one of two alleged attackers - with blood-stained hands and holding two bladed weapons - attempting to justify the attack. "I apologise that women had to witness this today, but in our lands our women have to see the same," he said. Dozens of weapons - including a number of knives - and pools of blood could be seen on the ground, where a man said to be wearing a Help for Heroes T-shirt was attacked by two men. Witnesses say the pair appeared to deliberately drive their car at the victim, before getting out with various bladed weapons and launching their attack. Following their attack, as the victim lay motionless in the middle of the road, witnesses say they heard the pair chanting "Allahu akbar" - and inviting passers-by to take photographs of them. As soon as armed police arrived at the scene, witnesses say at least one of the alleged attackers began approaching the officers - who opened fire and shot the pair. The men were taken to separate hospitals with gunshot wounds. Photographs taken at the scene show three people lying on the ground. Their condition was not clear. A car that appeared to have crashed on the pavement could also be seen. The Metropolitan Police confirmed one person had died following the incident and said the Independent Police Complaints Commission had now taken over the investigation, which is standard practice in cases where armed police fire their weapons. Commander Simon Letchford, from the Met, said officers were called to the road at 2.20pm. "One man was being assaulted by two other men," he said. "A number of weapons were reportedly being used in the attack, and this included reports of a firearm. "Officers including local Greenwich officers arrived at the scene and shortly after firearms officers arrived on the scene. "On their arrival at the scene they found a man, who was later pronounced dead. At this early stage I am unable to provide any further information about the man who has died. "Two men, who we believe from early reports to have been carrying weapons, were shot by police. They were taken to separate London hospitals, they are receiving treatment for their injuries." The Prime Minister will cut short a trip to Paris to return to London in the wake of the incident. He told a news conference in Paris that Britain had faced terror attacks such as the one in Woolwich, adding: "We will never buckle in the face of it." Nigel Foran, who saw the incident as he returned home from shopping, described a scene of confusion. "He went to the floor and was surrounded while officers drew their stun guns. After that, all the people who were watching ran away when they heard the gunshots." The Ministry of Defence said it was urgently looking at the reports that the incident involved a soldier. Greenwich and Woolwich MP Nick Raynsford had earlier told Sky News he believed the deceased was a serving soldier. He said he had spoken to both borough commander Richard Wood and Lieutenant Colonel Bob Christopher at Royal Artillery Barracks - which is around a mile from the scene of the attack. "We think a serving soldier was the victim. We don't know the circumstances surrounding the incident." Schools in the area have been placed on lockdown. Mayor of London Boris Johnson posted on his Twitter account: "This afternoon's attack in Woolwich is a sickening deluded and unforgivable act of violence."