FTSE flat by noon as ABF slides, inflation and rate worries weigh
London's FTSE 100 was flat by midday at 7,585.03 points as investors weighed the risks posed by interest rates and inflation and foods-to-fashion conglomerate Associated British Foods (ABF) dipped lower, while the FTSE 250 crept 0.23% higher to 22,707.35.US stocks were expected to break higher after lurching back into the red in late dealings on Wednesday as investors continued to pore over corpor