@ChrisMayLA6@zirk.us has moved on Nostr: Well, I always work on the assumption that 'normal' profits are around 8-12% & ...

Well, I always work on the assumption that 'normal' profits are around 8-12% & anything higher starts to be an issue for attention (most in the UK the operation of oligopolies)... and of course in gas for instance, much of he profitability is shifted around by transfer pricing to Centrica, to make BG look normally profitable.... so there are a lot of moving parts here, and the response to the Q.s is just one interesting aspect of how voters understand what profit is (or isn't)