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The Guardian - UK
The Guardian - UK
Politics
Richard Partington Economics correspondent

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

George Osborne
George Osborne, who in 2011 launched his ‘plan for growth’. He was the first of seven Tory chancellors in post between 2010 and the present. Photograph: Hannah McKay/Reuters

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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