Car service Uber is using a gap in EU and UK tax rules to avoid incurring sales tax on the booking fees it charges drivers in Britain, a practice a senior politician said was unfair to competitors and defied the intent of the law.

The team behind a new app that delivers promotions from local retailers directly to the phones of customers tell Pádraig Hoare why they believe their platform could one day be as successful as Uber.

Hailo is now, MyTaxi.

Daimler’s mytaxi said it will merge with British rival Hailo in an all-share deal, creating Europe’s largest smartphone-based taxi-hailing business.

Saudi Arabia is not all that fond of competition — the kingdom has long reaped rich reward from its Opec membership.