EU has grown faster as market for UK exports than Asia and US since Brexit vote, say company directors
Europe remains area where business leaders see the most growth, survey finds
The EU has grown more strongly as a market for UK exporters than either Asia or North America over the past two years, a new survey suggests.
The EU has been the biggest source of growth for 43 per cent of company bosses surveyed by the Institute of Directors. Just 21 per cent pointed to North America, with the same proportion also citing Asia.
Though business leaders said they see potential in Asia and America over the next 5 years, the EU remains the region with the highest expectations for growth, the poll of almost 800 directors found.
Read more UK firms face storm of flawed legislation after Brexit, experts warn Business leaders said the best government facilitator for trade is agreements which reduce tariff and non-tariff barriers with third countries.
The IoD urged the Government to use the next 18 months heading into Brexit transition to consult on and develop a comprehensive trade agenda for..