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‘Flip-flopping’ has cost UK billions in investment cash since 2010, says report

Before autumn statement, industry bosses say more consistency is needed after more than a decade of instability

Britain’s economy has lost billions of pounds in investment since 2010 amid government “flip-flopping” on its industrial growth plans as it churned through 11 different economic strategies, according to a report.

As the chancellor, Jeremy Hunt, prepares for his autumn statement next week, industry bosses warned ministers that more consistency was required to increase investment levels after more than a decade of instability.

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