[tomatocracy]

The word revert, with this meaning, is still in widespread use in business in Britain too, in my experience.

[growlist]

Doubtful. I've worked in the UK for more than 20 years, and the only time I've ever heard this usage is within outsourced IT providers in India.

[tomatocracy]

Perhaps it's industry specific but in finance/investment I see it used all the time (and I use it myself - I'm a Brit).

[jon-wood]

I’ve seen the word used in that context at two different UK companies.

[bartread]

Not in the circles I run in. If somebody said that in a meeting it would be so weird I'd probably question it because, and particularly in our environment, I'm pretty sure it would confuse everyone.