Oil dips FTSE under 4900

The life assurance firm has declined 3p to 132.75p, along with Shire Pharmaceuticals group down 10.50p to 568p. Rentokil Initial has advanced 5.25p to 164.25p. A bid from VC firm EQT Partners AB to purchase Danish cleaning company ISS A/S, has raised the stocks of other firms in the sector. In Tokyo the Nikkei 225 Stock Average lost 1.6% to 11,599.82, as the statistics bureau reported spending by households, headed by a salaried worker, dropped 4.1% from January, seasonally adjusted. Retailer Ito-Yokado, declined 2.3% to 4,270 yen, while supermarket operator Aeon, dropped 1.1% to 1,80...