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Unconfirmed reports say that three people may have died and a man believed to be a Libyan has been arrested at the scene.
“A number of people sustained injuries and were taken to hospital,” Thames Valley Police said in a statement.
“A police cordon is in place in Forbury Gardens in Reading as officers investigate. We are asking the public to avoid the area at this time,” the statement said.
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“My thanks to the emergency services on the scene,” he said.
UK Home Secretary Priti Patel expressed her deep concern soon after the incident.
“Deeply concerned to hear reports of an incident in Reading. My thoughts are with everyone involved, including police and emergency responders at the scene,” she said.
Eyewitness accounts on social media have reported paramedics and police tending to several wounded people in the park where the incident took place.
The news came soon after an anti-racism Black Lives Matter protest in the area earlier. The police say there is no suggestion so far that the incident is linked to any protests.
“There is no indication that this incident is linked to the Black Lives Matter protest that took place in Reading today,” Thames Valley Police said in a Twitter statement.
Some media reports said a police officer was seen as the “rugby tackled” a suspect to the ground.
Opposition Labour Party leader Keir Starmer said the stabbing was “very concerning”.