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• Support for making the EU the UK's top trading priority has risen to 52 per cent.
• Only 2 per cent of business leaders now want the government to prioritise the US.
• Nearly two-thirds back closer regulatory alignment with the EU.

Ten years after Britain voted to leave the European Union, a growing number of business leaders appear to be rethinking where the country's economic future lies.

New research from the Institute of Directors (IoD) suggests that UK-EU trade relations have become a higher priority for businesses than at any point since the survey began tracking sentiment. The findings come ahead of a planned UK-EU Summit on July 22 and as the government signals a willingness to pursue closer cooperation with Brussels.