For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window

Updated at 1555 GMT

By Sruthi Shankar and Purvi Agarwal

June 14 (Reuters) -Britain's FTSE 100 markedits longest weekly losing streak since March 2020 on Friday, as investors grappled with uncertainty around the outlook for interest rates and political turmoil in Europe.

The blue-chip FTSE 100 index .FTSE slipped 0.2%, logging itsfifth straight weekly decline.

The FTSE 250 midcap index .FTMC also fell 0.2%, closing at its lowest level in over a month in a third straight week of losses.

The knock-on effects from French President Emmanuel Macron's gamble to call snap elections, a hawkish projection from the U.S. Federal Reserve and weaker-than-expected UK GDP data for April weighed on the British markets this week.

"The European parliamentary elections have soured the mood, particularly in France. It is natural if almost all of Europe is in the red today, the UK would not be immune," said Steve Sosnick, chief strategist at Interactive Brokers.

The pan-European STOXX 600 .STOXX closed 1.0% lower.

In the London market, personal goods stocks .FTNMX402040 led broader declines with a 3.8% loss, falling to its lowest level since July 2010.

Investor focus is now on thedomestic inflation report and the Bank of England's (BoE) monetary policy meeting - the last before the July 4 election - due next week.

"Whether there is political pressure or not, I don't think the Bank of England will cut rates in June because service sector inflation and wage growth are still too sticky," said Fiona Cincotta, senior market analyst at City Index.

The British public's expectations for inflation cooled last month, a BoE survey showed, and the highest proportion since the global financial crisis thought it would be best for the economy if interest rates fell.

Among single stocks,Tesco TSCO.L rose 2.5% after Britain's biggest supermarket group reported a 4.6% rise in underlying quarterly sales in its home market and reiterated its forecast.

Crest Nicholson CRST.L jumped 13.7% to top the FTSE 250 after the homebuilder said it rejected a 650 million pound ($828 million) revised unsolicited proposal from rival Bellway BWY.L.

Bellway's shares slid 4.4%.

Reporting by Sruthi Shankar and Purvi Agarwal in Bengaluru; Editing by Sonia Cheema, Eileen Soreng and Toby Chopra

 For related prices, Reuters users may click on - * UK stock report .L FTSE index: 0#.FTS6 techMARK 100 index: .FTT1X FTSE futures: 0#FFI: Gilt futures: 0#FLG: Smallcap index: .FTSC FTSE 250 index: .FTMC FTSE 350 index: .FTLC Market digest: .AD.L Top 10 by vol: .AV.L Top price gainers: .NG.L Top % gainers: .PG.L Top price losers: .NL.L Top % losers: .PL.L * For related news, click on - * UK hot stocks: HOT and GB Wall Street: .N Gilts report: GB/ Euro bond report GVD/EUR Pan European stock report: .EU Tokyo stocks: .T HK stocks: .HK Sterling report: GBP/ Dollar report: USD/ * For company prices, click on - * Company directory: UKEQ By sector: FTAX * For pan-European market data, click on - * European Equities speed guide................ EUR/EQUITY FTSE Eurotop 300 index........................... .FTEU3 DJ STOXX index................................... .STOXX Top 10 STOXX sectors........................ .PGL.STOXXS Top 10 EUROSTOXX sectors................... .PGL.STOXXES Top 10 Eurotop 300 sectors.................. .PGL.FTEU3S Top 25 European pct gainers.................... .PG.PEUR Top 25 European pct losers..................... .PL.PEUR