Language
DEEN
Market analysis··1 min read

Power outage at Google Cloud affects British property portal Rightmove and major banks

An outage at Google Cloud's London data centre has temporarily disrupted operations at property portal Rightmove and leading British financial institutions.

AI generatedPower outage at Google Cloud affects British property portal Rightmove and major banks – AI-generated illustrative image
Power outage at Google Cloud affects British property portal Rightmove and major banks. Illustrative image generated using artificial intelligence (AI). The image does not depict a real property, person or event and is not a documentary photograph. Labelled in accordance with Article 50(4) of the EU AI Act.

A severe power outage at a data centre operated by technology group Google in London has led to noticeable disruptions in the British property sector and across several major banks. The incident affected the Europe-West2 site, a central hub for cloud services in the United Kingdom. The failure left several digital platforms and financial service providers with limited accessibility for a period.

In the property sector, the outage hit the portal Rightmove in particular. Users and estate agents faced problems with services requiring prior login. The platform recorded failures in account management and personalised property search functions, temporarily hampering daily agency operations.

Disruptions at leading financial institutions

Alongside the leading British property portal, several major financial institutions also registered significant disruptions to their operational processes. The affected institutions included traditional high-street lenders such as Lloyds, Halifax, RBS and HSBC. In addition, neobank Revolut reported disruptions across its systems, which were traced back to the problems in Google Cloud's infrastructure.

For customers and market participants, the technical difficulties created noticeable hurdles in routine payment processing and access to online banking services. Although the core systems of these institutions are designed with redundancy in mind, the failure at the London hub led to delays and error messages during transactions and account balance checks.

Overview of affected institutions

  • —Rightmove: Outages in secure and registered user services
  • —Lloyds and Halifax: Restrictions in electronic banking operations
  • —RBS and HSBC: Disruptions to digital interfaces and banking services
  • —Revolut: Impairments to mobile financial applications

The incident highlights the pronounced dependence of modern property intermediaries and financial service providers on external cloud vendors. Property portals and banking institutions run mission-critical processes via outsourced server facilities. When a power failure occurs at a central physical location like Europe-West2, the operational fallout can affect broad swathes of the market simultaneously and severely slow digital business activity.

Looking for
a real estate
agent?

Michael Freitag — founder of FREITAG® Immobilien
Michael Freitag
Founder of FREITAG® Immobilien GmbH
More than 15 years of experience in Bavaria & surroundings
— FREITAG Immobilien

Your discreet partner for institutional transactions in German-speaking Europe.

As a premium real estate firm based in Munich we advise investors, family offices, developers and long-term holders on the acquisition, sale and valuation of residential, income and commercial properties — confidential, close to the market and on equal terms.

3.600+
municipalities on our market radar
48 h
first assessment of your property
Off-market
discreet circle of buyers
DACH
DE · AT · CH
— Confidential contact

Let us talk about your portfolio.

Acquisition profiles, off-market opportunities, valuations or development enquiries — we reply personally within 24 hours, NDA as a matter of course.

Phone
+49 (0) 89 158 90 140
Email
E-Mail anzeigen
Office
Munich
— More news