“Well then you don’t do the cheese sandwich ... because we have been decades without inflation we have come to regard it as some sort of given right that our food doesn’t go up.”
Chancellor Jeremy Hunt and Bank of England governor Andrew Bailey will also address the BCC gathering.
The Council of Europe was established following the Second World War to uphold democracy and freedom throughout the continent.
Labour former minister Dawn Butler described Rees-Mogg’s comments as “deeply concerning”.
No 10 said leaving the European Union was allowing the UK to take a more tailored approach to policies.
Sir John Hayes claimed too many conservatives chose to ‘opt out of conflict’.
The comments have been described as "ignorant" and "stupid" by Ian Dunt.
She also said people from poor backgrounds should not aim for Oxbridge – and should take “smaller steps” instead.
"You see, this is what they do. They tell you they are the party to lower your taxes all while conducting the biggest tax raid in 44 years by stealth", Marina Purkiss said.
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