In the UK car sales fell by 23% in October, following a 21% decline in September [REF].
Amid predictions of a "deep recession" in the UK and the Eurozone,[REF] on Thursday, November 6, the Bank of England, citing a reduced danger of inflation due to falling commodities prices, lowered its base rate by 1.5 percentage points, from 4.5% to 3% [REF].