*BoE's Sentance: Current UK recession is not as deep as the early 1980s recession, it is more on a par with the mid-70s and early-80s recessions

UK Business Investment Falls In Q4

*BoE's Sentance: Global downturn is particularly highly synchronized

Dutch Business Confidence Falls To Record Low

*BoE's Sentance: In the short-term, that means supporting the UK economy with monetary easing in this difficult recession