Lastminute to finally make a profit - but at what cost?

Lastminute is all set to report its first quarterly profit at the end of the month. Of course, the profit will come before a bundle of costs are removed, and some might argue that the fact that a travel agency - which is what Lastminute pretty much is this days - should really be hoping to make a profit between July and September. Worse, as today's Guardian city notebook points out, dig a bit deeper into Lastminute and there's still a lot that is unsatisfactory: not least its crappy website and relatively high prices. It's certainly one of the last places I'd look for a cheap travel deal.