Boris Johnson has said that 74 people jailed for terror offences and released early will have their licence conditions reviewed.

The Ministry of Justice launched the urgent review after convicted terrorist Usman Khan, who had served half of his sentence, killed two people in a knife attack at London Bridge on Friday.

The prime minister claimed scrapping early release would have stopped him. But Labour is blaming budget cuts for “missed chances to intervene”.

Friday’s attack was brought to an end when police shot Khan dead. The 28-year-old had been jailed in 2012 over a plot to bomb the London Stock Exchange. He was given a special jail term known as Imprisonment for Public Protection (IPP), which meant he would serve at least eight years and could not be released unless he had convinced the Parole Board he was no longer a threat.

But in 2013, the Court of Appeal replaced the sentence with a 16-year-fixed term of which Khan should serve half in prison.

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