UIG

Shares in US banks drop amid crisis in confidence

PacWest is the latest mid-sized bank to search for financial help as confidence in the sector falls.

Heck says the public’s appetite for meat-free sausages and burgers is “not really there yet”.

The Bank of England says the number of mortgages approved in March increased but from low levels.

The change follows an outcry after agents working for British Gas broke into the homes of vulnerable people.

Morocco plans to send renewable energy to Europe, but some want it to save it for its home market.

Restaurants are extracting energy from their kitchen fumes and using it to heat the whole business.

So-called “time-banking” schemes are letting people get paid in time credits for the work they do.

A housing project in south London is selling flats with prices set according to local income levels.

The energy giant says the profits came despite paying about $200m (£160m) in windfall taxes in Europe.

The US central bank issues a review of its failures ahead of the collapse of Silicon Valley Bank.