The UK's economic growth momentum is strong, but it is threatened by the Iran War and political turmoil According to a report by Golden Finance on May 14th, the UK's economy had a strong growth momentum at the beginning of this year, but now it is facing risks due to the aftermath of the Iran war and a possible change in prime minister. The data released by the UK Office for National Statistics on Thursday showed that the gross domestic product (GDP) grew by 0.6% in the first quarter, higher than the 0.2% in the first three months and the fastest growth rate in a year. This data is consistent with the median forecast of economists and higher than the 0.5% forecast of the Bank of England. The strong start to 2026 is largely attributed to the strong growth in February, when the Iran War had not yet erupted and the economy grew by 0.4%. However, the economic growth in March also reached 0.3%, mainly due to the strong growth of the service industry. Economists had previously predicted a slight decline in economic growth in March. Despite the relatively optimistic economic situation, the Labour Party suffered a crushing defeat in last week's local elections, and the situation of British Prime Minister Stamer may be difficult to consolidate. Economists and investors warn that political turmoil will put pressure on the economic outlook of the UK. This turmoil has disrupted the bond market and pushed up the borrowing costs of long-term bonds. (Dongxin Society)