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In a large bowl, combine the milk, water, sugar and yeast and let sit for 5 minutes.
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Add the flour and salt to the yeast mixture, then beat together with a large spoon until it is completely smooth, about 5 minutes. This was a similar consistency to a thick pancake batter.
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Cover with a tea towel and leave in a warm place for 1 1/2 hours until risen and bubbly.
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In a small bowl, dissolve the baking powder and baking soda in the 2 tablespoons of boiling water. Immediately stir this into the large bowl of batter (yes it will deflate, don’t worry!) until it is completely combined. Set aside for 15 minutes.
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Meanwhile, use a pastry brush or baking paper to grease your egg or crumpet rings with oil. Lightly oil a large non-stick frying pan (or 2, if you have enough rings to use!) over medium heat. Place the ring molds in the pan, leaving some space between them.
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Scoop spoonfuls of batter into the rings (I used just under 1/4 cup for mine). Cook until the surface of the batter looks ‘dry’ with quite a few holes in it (about 8 -10 minutes), and the underside is golden brown. Use a butter knife to loosen the crumpets from the rings, remove the rings with tongs and flip the crumpets with a spatula. Cook until golden brown on both sides and place on a wire rack.
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Repeat with the remaining batter. You may have to re-oil the rings and pan between batches.
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Serve hot from the pan or reheat in the toaster.