Jacob Rees-Mogg Takes On Caller Who Calls Brexit Dividend Imaginary

25 June 2018, 10:31 | Updated: 25 June 2018, 10:47

Jacob Rees-Mogg turned up the heat on a caller who said the Brexit dividend is a "figment of the imagination".

A caller who likened the Brexit dividend to "fairies at the bottom of the garden" told Jacob Rees-Mogg he thought the dividend was "every bit as misleading as the £350 million on the side of the bus."

But the Tory hit back: "They're your fairies, not mine."

"We've got a history of people who want to keep us in the European Union, inventing figures," he said.

Jacob Rees-Mogg
Jacob Rees-Mogg. Picture: LBC

Jonathon responded: "The budget deficit, Mr Rees-Mogg, is the balance between two very large numbers and is a very difficult number to forecast.

"But the fact is, before the referendum, 88% of economists said it would be best to remain in the EU.

"If you're going to be like Michael Gove and say the country's had enough of experts, then there's not a lot I can do for you, Mr Rees-Mogg."

Mr Rees-Mogg hit back: "You excuse the OBR [Office for Budget Responsibility] on getting its figures wrong on the basis it's a small difference between two big figures, but you think an even smaller proportional difference over an even bigger figure they can get right.

"I think you ought to reconsider your position and go through the facts."

More Nick Ferrari

See more More Nick Ferrari

Education Secretary Bridget Philipson 'hasn't changed her mind' and will vote against assisted dying bill

Education Secretary Bridget Philipson 'hasn't changed her mind' and will vote against assisted dying bill

Nick Ferrari takes to the streets of the US to ask Americans: 'Can you identify these British politicians?'

Nick Ferrari takes to the streets of the US to ask Americans: 'Can you identify these British politicians?'

Why did Trump win and why did Harris lose? Nick Ferrari asks American voters

Why did Trump win and Harris lose? Nick Ferrari asks American voters in the wake of US election results

Nick Ferrari attends his first Trump rally in Pennsylvania as he meets the crowd in 'the poorest city in the United States'

Nick Ferrari attends his first Trump rally in Pennsylvania as he meets the crowd in 'the poorest city in the US'

Home Secretary Yvette Cooper has said she strongly disagrees with a tweet that a backbench MP appeared to have reposted saying Kemi Badenoch represents "white supremacy in blackface".

Cooper condemns 'appalling' tweet shared by Dawn Butler labelling Kemi Badenoch 'white supremacy in blackface'

Exclusive
Cumberland County: Where the US election could be won or lost

Nick Ferrari travels to America for the US Election: Watch the best bits here

Exclusive
The Chancellor was speaking to LBC's Nick Ferrari at Breakfast

Chancellor ‘doesn’t know’ salary of new chairman tasked with ensuring government ‘value for money'

Transparency over Southport stabbings key to avoiding 'deep public mistrust in the criminal justice system', says Jenrick

Transparency over Southport stabbings key to avoiding 'deep public mistrust' in criminal justice system, says Jenrick

Exclusive
The government has introduced its football governance bill.

'We're on the same side': Minister denies feud with Premier League over Football Governance Bill

Exclusive
Protest sign reading Danger water pollution, this water is polluted with raw sewage. The responsible party is Thames Water. River Wey, Guildford, UK

Government warns demand for water could outstrip supply as they launch review into 'broken' sector

Nick Ferrari.

'He'll look over his shoulder for the rest of his life': Concern for Martyn Blake's privacy long overdue

Exclusive
'No one gutsy enough to address this': Mylene Klass calls on government to introduce paid miscarriage leave.

Government not 'gutsy' enough to implement paid miscarriage leave claims Myleene Klass

Exclusive
David Cameron speaks to LBC

David Cameron calls for UK to sanction two Israeli ministers as change on arms embargo 'didn't satisfy anybody'

'I wouldn't do it again': Jenrick suggests regret for painting over murals at children’s asylum centre.

'I wouldn't do it again': Robert Jenrick says he regrets ordering workers to paint over murals at children’s asylum centre

Exclusive
Where did all the fish go? Feargal Sharkey uncovers dangerous blue-green algae plaguing River Wye

Where did all the fish go? Feargal Sharkey uncovers dangerous blue-green algae plaguing River Wye

UK troops in Cyprus 'ready to act' says defence secretary noting forces already play 'important' role in preventing escalation

UK troops in Cyprus 'ready to act' with forces playing an 'important' role in preventing escalation