Sudden error getting data from SharePoint - DataSource.Error: Web.Contents failed to get contents

Looks as though there is an outage today - I've just been advised by our IT department that

"SharePoint is having issues today that are affecting some users globally. Microsoft is aware and are working to fix it, however in the mean time they're recommending to save any files they're working on locally.

Another recommendation is to try updating all Office apps by opening any Office app like Word and navigate to:
File > Account > Microsoft 365 and Office Updates > Update Options > Update Now"

Have added here in case anyone else searhces for the same issue.