Google Cloud failure triggers banking disruptions across Europe

Revolut confirmed a service interruption affecting multiple features, though the fintech firm maintained that all client assets were protected. Meanwhile, Lloyds Banking Group reported that while some online services faced connectivity hurdles, the majority of users retained access to their accounts. The impact extended beyond the UK, with Downdetector tracking widespread reports of instability at HSBC and Royal Bank of Scotland, while ING customers across Europe encountered intermittent errors during payment attempts.

Google acknowledged the instability on its status dashboard, advising affected businesses to migrate operations to alternative cloud regions if possible. The tech giant has yet to provide a technical explanation for the London-based failure, and a spokesperson declined requests for additional comment. As engineering teams worked to restore stability, the incident highlighted the deep reliance of major financial infrastructure on centralized cloud providers, leaving institutions to manage customer frustration while awaiting a full system recovery.