Business news and markets: live Carpetright has issued a profit warning due to being dragged down by its Dutch business. It says the UK market is "tough" but faring as expected. However, its business in the Netherlands will make a loss this year, meaning full-year profits will be below expectations. • F&C Asset Management, the operator of the world's oldest investment trust, has agreed to be sold to the Bank of Montreal for £708m • British Land, the corporate property company, says like-for-like occupancy levels have risen to 97.1pc. Chief executive Chris Grigg says a strong London has spread out to the regional markets. • Crest Nicholson, the housebuilder, has posted a 40pc rise in pre-tax profit in the year to October 31, the year it returned to the public markets. It has pointed to the Government's Help to Buy scheme as a key factor in increased activity. Markets sell-off steadies 07.30 Last week's sell-off continued into yesterday, with the FTSE 100 falling again, to its lowest level for more than a month as investors fretted about a capital flight from emerging markets. However, the turmoil seems to have steadied this morning. The Nikkei fell again this morning, but only by 0.17pc, closing at 14,980 - a two-month low. In Europe, markets on the continent are forecast to open slightly up, while the FTSE is expected to be flat. All eyes are on the central bankers today. India's Raghuram Rajan surprisingly raised interest rates from 7.75pc to 8pc this morning. Turkey's central bank has an emergency meeting today, amid a tumble in the lira's value. The US Federal Reserve also begins its two-day rates meeting today - Ben Bernanke's final one before he hands over to Janet Yellen. The Fed is expected to slow its quantitative easing programme by another $10bn to $65bn a month tomorrow. What's on today: GDP figures to show strongest growth since 2013 07.15 Here's what to look out for over the course of the day At 09.30, the first reading of fourth-quarter growth figures from the Office for National Statistics is due. They are expected to show the UK economy grew by 1.9pc last year, and around 0.8pc in the final quarter. • At 11.15, Vodafone shareholders are due to meet to approve the $130bn sale of its stake in Verizon Wireless. • At 14.00, we have the influential Case-Shiller US house price index. • And at 15.00 consumer confidence data from the US will be published. Top stories in today's Telegraph 07.10 Here's what's leading the business pages of today's Daily Telegraph The Royal Bank of Scotland is set to make an £8bn loss for the 2013 financial year after admitting it will book £3.1bn of provisions for litigation and mis-selling costs, reports James Quinn Strong demand for iPhones and iPads helped push Apple sales to a record $57.6bn, but the company saw its value slump $40bn as investors remain concerned its growth may be losing steam, writes Katherine Rushton. And Jeremy Wilson argues that schools are failing to prepare children for the rise of machines replacing certain jobs. 07.00 Good morning and welcome to our daily business and markets live blog, your one stop shop for all the breaking business stories of the day.