THE UK CHANCELLOR Jeremy Hunt has been mocked online over his attempt to explain rising inflation with a stack of empty coffee cups.

A social media video showing the UK Chancellor ordering a flat white before explaining why costs are rising was criticised over its punctuation and maths.

It was also criticised for its failure to mention Brexit, the huge amounts of money pumped into the economy during the Covid-19 pandemic or the impact of former prime minister Liz Truss’s economic policies.

Hunt held up a cup marked £2.56 (€2.93) and said a year ago a coffee cost “around £2.50” (€2.86), before holding up another with £2.86 (€3.27) on it, which he described as “nearly £3 a cup” (€3.43).

Why is inflation high and how are we going to halve it?

Grab a coffee and let Chancellor @Jeremy_Hunt explain. pic.twitter.com/8mpf4xfxCO

— HM Treasury (@hmtreasury) January 18, 2023

Factors contributing to inflation which is “about 10%” in the UK according to Hunt – the latest figures for December put CPI inflation at 10.5% – included the supply chain squeeze after the pandemic, the war in Ukraine and persistently high energy prices.

He said high inflation means “unemployment going up, businesses failing, the pound in your pocket is worth less than it used to be”.

In the video, the UK Government’s aim to halve the inflation rate by the end of the year was listed as one of the “peoples (sic) priorities”.

Politics professor Tim Bale, from Queen Mary University of London, said the video is “a classic of the genre”.

Will go down as a classic of the genre. I especially loved last year's cup of coffee, costing £2.56, being described 'as around £2.50' as opposed to this year's, costing £2.86, being described as 'nearly £3.00'. (PS while I'm on, 'Peoples Priorities' is missing an apostrophe). https://t.co/I9ZbVb9IeD

— Tim Bale (@ProfTimBale) January 18, 2023

In a tweet, he added: “I especially loved last year’s cup of coffee, costing £2.56, being described ‘as around £2.50’ as opposed to this year’s, costing £2.86, being described as ‘nearly £3.00’. (PS while I’m on, ‘Peoples Priorities’ is missing an apostrophe).”

London School of Economics media professor Charlie Beckett said the Treasury-produced video is an example of the “Conservatives using public money to produce propaganda”.

Tory former education secretary Kit Malthouse also questioned the content of the message with the comment: “Money supply?”

University of Nottingham politics emeritus professor Steven Fielding said: “I hope he recycled all those cups he wasted.”

Liberal Democrat Treasury spokeswoman Sarah Olney said: “The last thing families need right now is a Mr Bean-esque video from the same clueless party that crashed the economy and sent mortgage bills spiralling.

“What’s even more shocking is that Jeremy Hunt airbrushed one of the main causes of economic pain – Liz Truss’s disastrous mini-budget that resulted in the biggest tax hike for a generation.”

A Scottish National Party spokesman said: “Households in Scotland are lucky if they are able to turn the heating on to keep warm, never mind buy a coffee, all because of the economic incompetence of this UK Tory Government.

“Jeremy Hunt failed to address the massive elephant in the room which is the lasting damage Brexit has done to the UK economy, with exports from Scotland dropping by £2 billion since we were dragged out of the EU.”