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

BUSINESS LIVE: Shell posts record $40bn profits on soaring prices; BT revenues slip in third quarter; Superdry boss denies delisting plans

The Bank of England will reveal its decision on interest rates at midday and is expected to follow the European Central Bank with a 50bps hike, taking UK base rate to 4 per cent.  

The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are Shell, BT, Superdry, Safestyle UK, Bunzl and Cranswick. Read the Thursday 2 February Business Live blog below. 

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