A man reported to have a firearm who was shot dead by officers was carrying a knife, police confirmed.
Officers were called to Milton Keynes Central at 12:55 BST on Tuesday to reports of a man carrying a firearm at the station on Elder Gate, before a shot was fired.
A Thames Valley Police (TVP) spokesperson said “life-saving actions” had been taken but the man was pronounced dead at 13:44.
The force later said officers had challenged a man who actually had a knife and who had “moved at speed towards officers” with it.
The force has referred itself to the Independent Office for Police Conduct (IOPC).
“TVP armed officers responded and challenged a white man who was carrying a knife outside the station,” the police said in a statement shared on Tuesday.
Milton Keynes commander, Ch Supt Emma Baillie, said: “We understand that this incident may cause concern locally, but we would like to reassure the community that there is no wider risk to the public.”
Eyewitnesses told the BBC they had heard screaming between officers and the suspect with the man refusing their requests to drop to the ground.
Hever Marin said he had heard a “very loud” shot and described the incident as “distressing”.
The force has asked the public not to share footage or speculate about details online.
A police presence remains at Milton Keynes Central on Wednesday.
The railway station is open and trains are running as usual.