What defines speeding? I can often put on (very) short bursts at well over 70 when I overtake, yet once I've slowed down, the car(s) I've roared past then retake me. So is it my burst that might land me in trouble, or the other drivers going consistently slightly over the limit?
17 years no points this year

One claim a few years back that came to nought.
In terms of the law, exceeding the speed limit by 0.01mph is speeding and breaking the law.
In reality, you will only be prosecuted if you are subject to an instantaneous reading of speed limit + 10% +2mph, so 57mph in a 50mph limit, 79mph in a 70mph limit. This is to cater for inaccuracies of various sorts.
It's also the case that your speedometer is required to over-read the speed you're travelling, if it shows a lower speed than you're actually travelling then it's also illegal (so don't change your tyres without realising this).
So if you're not exceeding an indicated 80mph in a 70mph limit you're unlikely to be prosecuted, even though you will be speeding.
EDIT And exceeding the limit "in order to overtake" isn't an excuse, if you're caught doing so you'll be prosecuted, it makes no difference. If you can't overtake without speeding, then you shouldn't, in the eyes of the law anyway.
FURTHER EDIT Driving since 1979, 2x3 points for speeding, last one on 5/5/05, subsequently 1x course in lieu of points in around 2011. Points were for driving at 70mph in a 60mph limit and driving at 85mph in a 70mph limit. Course was for 57mph in a 50mph limit.
I think most people on courses are for exceeding 30mph limits, not for higher speed infringements. They were on mine, anyway.
There are posts above talking about different guidelines for prosecution; +10%+3mph and +0% for example. Neither is used today to my knowledge.
Nowadays I tend to drive at up to an indicated 80mph on motorways, with no recorded transgressions for almost 20 years. In the 1990s I’d drive at up to an indicated 100mph and never had a ticket, but that was before speed cameras on motorways.