ODAC Guest Commentary – Shell 2007 profits

Shell’s 108,000 employees earned “an obscene” £14 billion in profits last year.

If, as I imagine, Shell keeps a similar number of contractors off the books to keep the head-count down, the profit per head is about £70k. If you earned £70k as profit in a business, you probably wouldn’t expect to be sand-bagged with a windfall tax by a starving Chancellor.