Jeremy Hunt's 'Mr Bean-esque' inflation video mocked by economists

Chancellor Jeremy Hunt. Credit: Twitter/HM Treasury

The chancellor's attempt to explain rising inflation with a number of empty coffee cups has been mocked by economists and politicians online.

A social media video showing Jeremy Hunt ordering a flat white before explaining why costs are rising was criticised over its punctuation, maths and the failure to mention Brexit.

It also omitted the huge amounts of money pumped into the economy during the Covid pandemic or the impact of Liz Truss’s economic policies.

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.”

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

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”.

While 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.”

A SNP 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.”

Other Twitter users appeared more enthusiastic – the video racked up more than 270 “likes” on the platform by around 10am on Wednesday.

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