A MAN is being held by police on suspicion of attempted murder following a stabbing in Oxford.

Police were called to Owens Way, Temple Cowley, at about 8.40pm yesterday to reports of a stabbing.

A 39-year-old man had suffered a stab wound to the chest and was taken to the John Radcliffe Hospital, where he remains in a serious but stable condition. 

It is understood that there were around four police cars on the scene, a team from the force's dog unit and a police helicopter hovering above.

People in the area witnessed the arrest and saw a man being taken away in an ambulance with a police escort. 

A 27-year-old man from Oxford has been arrested on suspicion of attempted murder and is currently in police custody.

Anyone with information about the incident is asked to call police on 101, quoting reference 43180086663.