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The FTSE 100 dropped after a terrible set of retail data on Thursday

Five members of the bank's MPC voted to leave rates on hold, while three voted for a hike.

FTSE 100, 15th June.

Britain's benchmark share index, the FTSE 100 dropped close to 0.8% Thursday, dragged down by a troubling set of retail sales data and a hawkish interest rate hold from Bank of England during the day.

The FTSE closed down by 0.76% to end trade at 7,417 points, with retailers including Next and Dixons Carphone among the biggest losers, dropping 6.1% and 5.3% respectively.

Here is the chart of the FTSE's performance on the day:

Many of the other European markets suffered similar losses,

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Here is the scoreboard:

"Equity indices have erased most of this week's gains

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