LOOSE CHANGE

LOOSE CHANGE

Reuters systems were down in the City last Wednesday due to an overnight power failure in North London. Peter Thomas, Reuters' director of media relations, says that a back-up power generator (that had been successfully tested for a similar scenario just 10 days prior) failed. Thomas says that 95 per cent of Dealing 2000-1 subscribers were back up by 8:15 a.m. and that all others, including D2000-2 subscribers and Globex, were back up by 9:00 a.m. While dealers in the City say the outage wa