Bank of England's CHAPS payments system goes down, impacting large transactions
House purchases were temporarily impacted by the outage
House purchases were temporarily impacted by the outage
Contract set to last seven years and valued at £22m
BoE currently wrapping up consultation period
More than 65 percent of UK financial firms used the same four cloud providers in 2020, leading to over concentration
A few companies host too many banks, sparking regulatory concern