Britain should not prioritise making deals around the world at the expense of close ties with the EU after Brexit, according to the Institute of Directors (IoD). A survey of 800 company directors by the IoD found that more than two out of five found most business growth in the EU, compared to just one in five saying growth came from Asia or North America. The report also said there was a “strong consensus” among UK businesses and investors that Brexit would have an impact on their ability to trade freely across Europe.
Britain should not prioritise making deals around the world at the expense of close ties with the EU after Brexit, according to the Institute of Directors (IoD). A survey of 800 company directors by the IoD found that more than two out of five found most business growth in the EU, compared to just one in five saying growth came from Asia or North America. International trade secretary Liam Fox wants more trade deals with the rest of the world, but the IoD said going global is as much about opportunities in Europe as it is about deals further afield.