Good job you had the FTTC line as a back up.
This is the first issue I've had in 11 months with Cerberus although not too good that it's well over 24 hours now since this problem began and no acknowledgement on their status page and as I type it looks like we are hitting another period of high latency again so still ongoing and not fixed.
Probably worth you raising a ticket if you haven't already and hopefully it gets fixed before I need it for work on Monday.
Do Cerberus have more than one gateway? Is it possible to drop PPP and get on a different gateway that might be okay?