Interview: UK's new fiscal plan aims to reintroduce stability after mini-budget fiasco, expert says

LONDON, Nov. 21 (Xinhua) -- In his Autumn Statement 2022 delivered to the United Kingdom (UK) Parliament on Nov. 17, Chancellor of the Exchequer Jeremy Hunt sought to undo the damage caused by his predecessor Kwasi Kwarteng's ill-fated "plan for growth," reintroduce stability and rebuild confidence in the markets, a leading British scholar explained to Xinhua.

Hunt's aim was to "assure the markets that the UK is properly run by the new Prime Minister, Rishi Sunak, and by his team of advisers," Professor Simon Tormey, dean of the Faculty of Social Sciences and Law at University of Bristol, said.