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Global IT outage disrupts businesses and services worldwide

Walker Crips' Market Commentary

23-07-2024 • 7 mins

On Friday, a global IT outage linked to issues with a CrowdStrike cybersecurity update affecting Microsoft software disrupted businesses and services worldwide. In the UK, train companies, major airlines, airports and GP surgeries experienced significant disruptions, with Edinburgh and Birmingham airports particularly affected. Financial sectors were hit as major oil and gas trading desks in London and Singapore faced outages, and the London Stock Exchange Group's Workspace platform experienced service interruptions. Even media outlets were impacted, with Sky News temporarily going “off-air”...


Stocks featured:

Burberry, Dunelm Group and Ocado Group



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