He also claims the Brexit dividend, which the IFS say doesn’t exist, will be worth £135 billion a year
The meaningful vote was being used to “obstruct Brexit” and “thwart the referendum result”, Jacob Rees-Mogg warned tonight.
The leading Tory Brexiteer accused the House of Lords of being “cavalier” and acting against its own long-term interests.
And he claimed the so-called Brexit dividend – which the Institute for Fiscal Studies this declared to be a myth – will be worth £135 billion a year by 2025.
Taking questions after a speech on Brexit at the Speaker’s House in the Palace of Westminster he said the Government had given Dominic Grieve “everything he asked for”.
He continued: “But it has not given Lord Hailsham everything he asked for. Lord Hailsham wants a motion that will stop Brexit, Dominic Grieve has said quite clearly that he does not want to stop Brexit but he wants parliamentary accountability.
“An unamendable motion is parliamentary accountability. An amendable motion could be used to stop Brexit.
“So I think Dominic has already won, it is only Lord Hailsham who hasn’t won, and I think Lord Hailsham mustn’t be allowed to win.”
Britain could receive a “post-Brexit dividend” of £135 billion five years after Brexit, Mr Rees-Mogg added.
He reiterated the claim while discussing sanctions on US products Britain was obliged to support while a member of the EU.
He cited Professor Patrick Minford, the head of the Economists for Free Trade (EFT) group, which came up with the figure in a report last November.
The MP said on Monday that being free of EU trade rules would mean “our opportunities are going to be much greater and we will be able to deal with other nations”.
He went on: “Where do these benefits come from? The economic benefits as you know, a great deal of work has been done by Patrick Minford and his team of economists on free trade.
“They have calculated a post-Brexit dividend of £135 billion just between 2020 and 2025, with a further £40 billion a year from then on.
“These benefits come from a mix of global free trade for Britain outside the Single Market and Customs Union, plus opening up the British economy to the beneficial effects of entrepreneurial financing.”