BREXITEER Jacob Rees-Mogg continues to receive more than £15,000 a month from his investment company which set up offshoots in Dublin to guard against leaving the European Union.

The leading Eurosceptic MP’s register of interests shows he received £15,037.38 for 30 hours of work in July from Somerset Capital Management where he is a partner.

The London-based firm has established funds in Dublin following fears in financial circles about being cut off from European investors post Brexit.

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Rees-Mogg is the leader of the shadowy European Research Group of Tory backbench MPs, which claims leaving the EU will boost the UK’s economy.

It has been campaigning for a hard Brexit insisting the UK leaves the single market and customs union and does not come under the jurisdiction of European Court of Justice.

The group has been highly critical of the Prime Minister’s Chequers plan to maintain closer ties with the EU and has been accused by Tory Remainers of holding the UK Government to ransom and being in charge of the Brexit process.

Scottish Tory MPs Ross Thomson, Stephen Kerr and Alister Jack are among the 70 or so members.

Stephen Gethins, the SNP’s foreign affairs spokesman at Westminster, said: “It is utterly shameful that at the same time as leading the charge to push the UK off the hard Brexit cliff-edge – which is already leaving households with higher bills – Jacob Rees-Mogg is profiting from a company he co-founded, which is bailing its operations to Ireland, and has previously warned of the ‘considerable uncertainty’ facing the UK due to Brexit.”

SNP frontbencher Pete Wishart added: “It is quite remarkable that those who are the most enthusiastic about driving us over the Brexit cliff edge are ensuring that they are the best protected from the crash and fall out,” he said.

“The Treasury is changing cash into Euros and the Brexiteers now seek to profiteer. Meanwhile the rest of us will have to go down with their sinking ship.”

Christine Jardine, the LibDem’s foreign affairs spokeswoman, said: “This shows you everything you need to know of the reality of a hard Brexit and you have it straight from Mr Hard Brexit himself.

“Jacob Rees-Mogg knows that Brexit will be bad for jobs, bad for salaries and bad for businesses so now his firm are sneaking off to Dublin to avoid the fallout.”

Somerset Capital Management, the investment house Rees-Mogg co-founded, received approval from the Irish regulator in March for a version of its £1.4 billion Somerset Emerging Markets Dividend Growth fund. Rees-Mogg is a shareholder of the company, but does not make investment decisions.

“A number of existing and prospective clients requested Irish domiciled access to Somerset’s products. The decision to launch the fund was nothing whatsoever to do with Brexit,” Oliver Crawley, a partner at Somerset, said in June.

Somerset Capital opened a further Dublin-registered fund last month, leading to fresh accusations of hypocrisy against Rees-Mogg. Dominic Johnson, it’s chief executive, defended the company’s decision, saying that it had been driven by client demand, rather than Brexit.

He said Rees-Mogg’s politics were “entirely irrelevant” to the running of the business.

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“Our business is its own standalone entity,” he said in July. “Jacob helped set the business up and was very important in doing that, but he doesn’t have anything to do with the day-today management of the business now and nor with the funds.”

The ERG was founded in 1993 by Michael Spicer in response to the Maastricht Treaty signed by then-prime minister John Major.

It sent a letter to Theresa May last year setting out it’s members’ demands, prompting Tory MP Nicky Morgan to accuse it of holding the PM to ransom. Her colleague Anna Soubry has said Rees-Mogg is “running our country”.

Rees-Mogg did not respond last night to a request for a comment.