London Markets: U.K. stocks slip as retail sales miss forecasts

U.K. stocks drifted lower on Thursday after a disappointing reading on domestic retail sales and with hom builders continuing to suffer from fears of a so-called hard Brexit.

The FTSE 100 index UKX, -0.31% fell 0.2% to 7,010.72, partly erasing a 0.3% gain notched Wednesday that was spurred by a rally in oil prices.

The index showed little reaction after the European Central Bank met expectations by leaving interest rates steady and keeping intact its program of buying €80 billion ($88 billion) a month in bonds within the eurozone. Continental European stocks SXXP, -0.80% were also little changed after the decision.

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