FTSE tumbles again on oil worries

Crude oil for May delivery slipped 2.5% to $54.65 a barrel on the New York after reaching a record $57.60 on March 17. BHP Billiton shed 23p to 726p, while Xstrata lost 31p to 989p. Investment management firm Amvescap also retreated 11.5p to 333.5p. On the positive side, food manufacturer Unilever added 7p to 507p along with clothes retailer Next, up 19p to 1599p. Next says business is being hit because of cautious spending buy consumers as they cope with rising mortgage payments and increased utility bills. Cadbury Schweppes also added 5p to 525.5p at close today. In the US, the ...