Paradox News
UK

Google Cloud outage hits UK banks; European regulators question Google

A power failure at a facility in Google Cloud's London region disrupted Revolut, Lloyds, HSBC, court video hearings and other services. Services are restored, and European and UK regulators are now asking Google questions.

L 37% · C 22% · R 41% · 27 outlets

Left 0 · Centre-left 10 · Centre 6 · Centre-right 5 · Right 6

How each side framed it

Left-leaning outlets

Dependence and sovereignty: 'Has the UK lost its digital sovereignty?' (Channel 4), courts and banks knocked offline (Guardian), and 'too big to not fail' cloud concentration.

Centre outlets

Centre-rated outlets headline it: “Power outage hits Google Cloud services, disrupting UK banks” (France 24); “Europe's financial regulators query Google over cloud outage that hit banks” (Reuters).

Right-leaning outlets

Consumer disruption: Revolut, Lloyds and HSBC customers locked out and cards declined (GB News, Sun, Express), and the Bank of England investigating (Telegraph).

Holding the paradox

Agreed facts

A 'power event' at a third-party facility in Google Cloud's London region (europe-west2) disrupted Revolut, Lloyds, HSBC, court video hearings, NHS services and other sites on Tuesday. Google apologised and says services are restored. European financial regulators and UK watchdogs are now asking Google questions.

Where claims conflict

Responsibility: Google points to a third-party facility, while critics point to banks' reliance on a single cloud region. How long the disruption lasted varied by service (Revolut was still impaired by 5pm, Guardian).

The paradox

Banks moved to the cloud to be more resilient, and one power failure in one London building took several of them down together.

Sources by lean

Balanced: the same number of articles from the left, the centre and the right (up to 3 each). The bar above still counts every rated outlet we found. Bias and factual ratings come from Media Bias/Fact Check. How we balance · All ratings.

Showing 3 from each side of 27 rated outlets (L 10 / C 6 / R 11). More coverage

Follow the money

Not yet researched. We haven't yet looked at who gains or loses financially from this story, or who funds the main voices on each side. When we do, we check company filings, the Electoral Commission donations register, lobbying registers, annual reports, InfluenceMap and OpenSecrets, and we apply the same checks to every side. How we follow the money.

Who owns or funds the outlets covering this story (28 outlets)
OutletLeanOwnership & funding (MBFC)
Associated PressCentre-leftThe Associated Press (AP) is a nonprofit news cooperative with a profit of $1.6 million in 2016. It also sells content to other media organizations. According to an article titled “ AP reports loss on one-time accounting charges,” t he Associated Press lost $74 million in 2017, and it states the reason as “mostly due to one-time accounting charges related to the federal tax overhaul passed late last year.” source
BloombergCentre-leftMichael R. Bloomberg is the founder and majority owner of Bloomberg LP (The parent company of Bloomberg News). According to Investopedia, Bloomberg Terminal (remote software used to access financial information) is the most expensive among financial data providers. source
CNNCentre-leftNo ownership data found
Channel 4 NewsCentre-leftChannel 4 is owned by the nonprofit Channel Four Television Corporation. Advertising and licensing of their programs generate revenue. source
EuronewsCentre-leftEuronews is owned by Alpac Capital, a Portugal-based investment fund that acquired an 88% stake in July 2022, with the remaining 12% held by government-supported broadcasters from Europe, Africa, and the Middle East. Ownership also has business ties with Hungary’s Viktor Orban. source
New York TimesCentre-leftThe Ochs-Sulzberger family controls the New York Times through Class B shares. Since 1967, the company has been listed on the New York Stock Exchange under the symbol NYT. Class B shares are those that are held privately. source
The GuardianCentre-leftThe Guardian and its companion publication, the Sunday newspaper The Observer, are owned by Guardian Media Group plc (GMG). Scott Trust Limited was created in 1936 to ensure the editorial independence of the publications and owns Guardian Media Group plc (GMG). source
The Herald (Scotland)Centre-leftThe Glasgow Herald is published by Herald & Times Group, which is owned by Newsquest Media Group Ltd. Newsquest is the second-largest publisher in the United Kingdom, publishing 205 brands including 165 newspapers. Further, Newsquest is owned by US-based Gannett which publishes USA Today. source
The IndependentCentre-leftThe Independent is owned by Independent Print Limited, a company owned by the Lebedev family (Alexander Lebedev and his son Evgeny Lebedev). In 2017, Saudi Businessman Sultan Muhammad Abuljadayel bought a 30% stake in the Independent online newspaper. Advertising and subscription generate revenue for the paper..push({}); source
The National (Scotland)Centre-leftThe National is operated by Newsquest Media Group Ltd., a UK-based local media publisher. Newsquest is a wholly owned subsidiary of USA TODAY Co., Inc., the media company formerly known as Gannett Company, which also controls AZthe USA TODAY Network of national and local news outlets in the United States and regional titles in the United Kingdom. Revenue is generated from advertising and subscription sales source
BBC NewsCentreThe BBC operates under a Royal Charter. Oversight is managed by the BBC Board, and regulatory authority rests with Ofcom. source
Financial TimesCentreThe Financial Times is owned by The Nikkei, a Japanese news and financial information company that publishes the leading financial paper, The Nikkei. The FT generates revenue through subscriptions, a hard paywall, and advertising..push({}); source
France 24CentreFrance 24 is owned by France Médias Monde, a state-owned French holding company that supervises and coordinates the activities of the major public media organizations broadcasting or publishing internationally from France. Besides government funding, they also generate revenue through advertising. source
ReutersCentreIn April 2008, the British company Reuters Group was acquired by Thomson Corporation and formed Thomson Reuters. source
Sky NewsCentreSky News is owned by Comcast as of November 2018 and is funded through advertising. Rupert Murdoch is no longer affiliated with Sky News UK; however, Newscorp still has a share of Sky News Australia, which reports with a right-leaning bias. source
The ScotsmanCentreJPIMedia owns the Scotsman. Advertising and subscription fees generate revenue..push({}); source
Evening StandardCentre-rightThe newspaper is majority-owned by Russian businessman and former KGB agent Alexander Lebedev and the Daily Mail and General Trust. Revenue is generated through advertising. source
ITV NewsCentre-rightNo ownership data found
The TimesCentre-rightThe Times and Sunday Times is owned by News UK (News Corp UK & Ireland Limited), which American News Corp owns. The owner and Executive Chairman of News Corp are Rupert Murdoch. Revenue is derived from advertising and subscription fees. source
Wall Street JournalCentre-rightIn 2007, The Bancroft family and relatives sold the Wall Street Journal to Rupert Murdoch for 5 billion dollars. Rupert Murdoch also purchased its parent company, Dow Jones & Co., through News Corporation. Subscriptions and advertising fund the Wall Street Journal. source
Washington TimesCentre-rightOperations Holdings Inc is the Washington Times owner, owned by the Unification Church of South Korea, through their holding company HSA-UWC (Holy Spirit Association for the Unification of World Christianity). In 1954, Reverend Sun Myung Moon founded this religious movement in South Korea, known for its mass weddings, and its members are referred to as “Moonies.” source
BreitbartRightAfter the death of Andrew Breitbart in 2012, Larry Solov became CEO and president of Breitbart News. In 2017, according to Politico, Larry Solov revealed the owner of Breitbart as “himself, founder Andrew Breitbart’s widow, Susie Breitbart, and the Republican mega-donor family, the Mercers.” Further, Solov also stated that he wants “to disclose as little as possible about financial and ownership structure.” source
Daily ExpressRightThe Daily Express is owned by Reach plc (formerly known as Trinity Mirror), a British newspaper, magazine, and digital publisher. Subscriptions, newsstand sales, and advertising generate revenue. source
Daily MailRightThe Daily Mail is published by Associated Newspapers Limited, part of Daily Mail and General Trust (DMGT). DMGT is controlled by the Rothermere family and is 100% owned by Rothermere Continuation Limited. Jonathan Harmsworth, 4th Viscount Rothermere, serves as Chairman..push({}); DMGT became privately owned after delisting from the London Stock Exchange in 2022. source
GB NewsRightGB News lacks transparency as they do not disclose ownership. A search reveals that London-based ALL Perspectives Ltd owns GB News. According to Reuters, the television channel “secured millions of dollars from investors such as Discovery Inc, Legatum and hedge fund manager Paul Marshall. source
The SunRightThe Sun is published by the News Group Newspapers division of News UK, a wholly-owned subsidiary of Rupert Murdoch’s News Corp. The paper generates revenue through advertising, newsstand sales, and subscriptions. source
The TelegraphRightTelegraph Media Group (TMG) owns The Telegraph, which is owned by Press Acquisitions Ltd., which in turn is owned by Sir David and Sir Frederick Barclay. In 2004, Twin Brothers Sir David and Sir Frederick Barclay acquired the Daily Telegraph and the Sunday Telegraph from the Canadian media company Hollinger Inc. for £665 million. For a complete list of Board members, see here. source
City A.M.Not ratedNo ownership data found