Insurer RSA is likely to show record underwriting profits for the first nine months of 2016 and is planning to sell or reinsure £1bn (€1.1bn) worth of legacy UK business, chief executive Stephen Hester said.

A Korean Air flight attendant has described being insulted and shamed by the airline's executive who ordered him to be removed and the plane returned over macadamia nuts, and then being asked to lie about the incident to investigators.