Crossword Genius

Useless demanding £1000 plus a deposit (5)

Ross

I believe the answer is:

kaput

'useless' is the definition.
(something kaput is broken or unable to function)

'ps1000 plus a deposit' is the wordplay.
'psk000' becomes 'ka' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'plus' says to put letters next to each other.
'a deposit' becomes 'put' (I've seen this in other clues).
'ka'+'put'='KAPUT'

'demanding' is the link.

(Other definitions for kaput that I've seen before include "Broken down irretrievably" , "Broken or finished - in Germany" , "Defunct (informal)" , "Broken and useless" , "Broken (sl.)" .)

I've seen this clue in The Times.
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