Severe lagg on PS5 - All modes - No icons showing

Since the latest patch, I've noticed a massive increase in lagg, rubber banding, and sudden ping spikes to 30-50 ish, despite having an extremely stable and super fast connection. 

There are no orange icons displaying.

I regularly play other shooters and high demand online games, and Battlefield is the only one today having the problems. I'm doing regular speed tests, and I'm close to my router. It's absolutely not on my end. 

Resets, cache, storage, unplugs, all the usual stuff hasn't helped so far. I have a feeling it's server side. 

Playing on PS5, UK, across day and evening to late night hours, with persistent issues.