BUSINESS LIVE: Shell posts record $40bn profits; BT revenues slip

Economy
By Liam

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BUSINESS LIVE: Shell posts record $40 billion profit on rising prices; BT revenues down in Q3; Superdry boss denies scrapping plans

By live commentary

published: | Updated:

The Bank of England will announce its decision on interest rates around midday and is expected to follow the European Central Bank with a 50 basis point increase, bringing the UK’s key interest rate to 4%.

The FTSE 100 opens at 8am. Companies with reports and trade updates today include Shell, BT, Superdry, Safestyle UK, Bunzl and Cranswick. Read the Business Live blog of Thursday 2 February below.

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