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Britain has yet to take full advantage of leaving the European Union, according to a Conservative peer.

Brexit does not guarantee national wealth, rather it offers an opportunity to make more profitable choices, argues Lord Hannan of Kingsclere.

However, since leaving the European Union, the UK has failed to use this new freedom to its fullest advantage, the Tory peer said. Lord Hannan acknowledges that 2021, the year in which the UK officially left the bloc, was an atypical period of time.

Intermittent lockdowns and a nation reeling from the turbulence of a pandemic made implementing a new status quo more challenging, he said.

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